The US stock market has so far had great year of returns, despite brief pockets of sharp selloff amid President Donald Trump’s flipflop policies and the raging conflict in the Middle East. However, a historical indicator is spooking investors about a possible big crash coming near the end of the year.
Amid AI frenzy, the tech-heavy Nasdaq has gained more than 11% in 2026 so far. S&P 500 and Dow Jones Industrial Average rose up to 10%. However, history indicates that Wall Street typically sees harsh bear attacks around November midterm elections.