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On Monday, November 4th, U.S. markets closed lower after a volatile session as investors braced for a pivotal week with the U.S. presidential election and the Federal Reserve’s policy announcement. A poll showing Kamala Harris leading in Iowa impacted “Trump trades,” adding market uncertainty amid expectations of delayed election results. Economic data showed that U.S. factory orders dropped by 0.5% in September, reaching $584.2 billion, following a revised 0.8% decrease in August. Most S&P 500 sectors closed lower, led by losses in utilities, communication services, and financials, while ener…