Investors gauge impact of Harris's White House on US market

Harris proposes increasing the corporate tax rate to 28% from 21%, a plan her campaign characterised as a way to 'ensure billionaires and big corporations pay their fair share'

Harris outlined a plan last week to ban price gouging on food and groceries, which her campaign says aims to stop big corporations from exploiting consumers.

Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy.

Investors’ views on markets are typically shaped by factors such as the economy's strength and the trajectory of interest rates, but the question of how a Harris White House could approach policy, regulations, and taxation looms large.