Categories: world

S & P500 Futures Rise as the US election results Trickle In

November 7, 2018 Business 0 Views (Reuters) – US stock futures increased in volatile trading on Tuesday after a carefully…

(Reuters) – US stock futures increased in volatile trading on Tuesday after a carefully followed forecast website, the chances had fallen that the Democratic Party would win the House of Representatives in the US midterm congress elections.

In line with opinion polls, Wall Street had waited for President Donald Trump’s Republican party to lose control of the Chamber while retaining the Senate, and set up Washington’s gridlock.

The S & P 500 e-mini futures moved higher as the election result trickled in and as a voting site Fifty eight said the probability that the Democrats who won the house had fallen to just over 50 percent. Earlier, Five Democrat Democrats gave more than 90 percent chance of winning the house.

During Tuesday’s trading session, stock exchanges closed higher, but trading volume was thin because investors were making major investments before the vote.

(Further Reporting of Sinead Carew, April Joyner in New York and Sruthi Shankar in Bengaluru)


Source link

Share
Published by
Faela