US stock markets are set to rally after the US election on November 4 regardless of who wins, according to investments strategist at DWS Investments, the US retail arm of Deutsche Bank’s global asset management division.

Robert Froehlich, vice-chairman of DWS Investments, said in a report: "Based on the next President's platform and agenda and policies, certain industries will be in a better position to lead our stock market rally. But make no mistake: I have no doubt that our stock market will rally regardless of who is in the White House."