More Democrats have called for US President Joe Biden to step down as the Democratic candidate in the 2024 presidential election. While the election season is heating up, markets have not seemed to react to the polls.

Yahoo Finance senior reporters Julie Hyman and Rick Newman join Wealth! to discuss historical trends in the market volatility index (^VIX) surrounding an election year, the general around both Biden's and Trump's candidacy for president, and how the 2024 election cycle may — or may not — affect broader equity markets (^DJI, ^IXIC, ^GSPC).

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino