Bonds Trump vs Biden: How US election outcome could impact global markets Updated : September 28, 2020 07:39 PM IST Historically, 10 days after a presidential election, a Democratic victory tended to be less positive for the S&P 500 and S&P MidCap 400. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.