12/03/2008 05:12 am ET Updated May 25, 2011

Election, Upcoming Economic Data Could Affect Dow's Wild Ride

NEW YORK - Wall Street's steep gains in the final days of October are leaving some investors optimistic that the market has put its scariest days behind it, but they're still wary about the landmines that could send stocks reeling again.

Tuesday's presidential election could help erase some unknowns over how the power structure in Washington will affect investors, but pressing economic questions could ultimately shape the week. Reports due on manufacturing, the service sector and, most important, employment, could determine whether the market stays above its mid-October lows and holds on to some stability or plumbs new depths.