*STOCKS JUMP MORE THAN 1% AS WALL ST. AWAITS MIDTERM ELECTION RESULTS - $DIA $SPY $QQQ 🇺🇸 🇺🇸
- Wall Street climbed on Tuesday during voting in midterm elections that will determine control of the U.S. Congress, with investors betting on a political stalemate that could prevent major policy changes.down less than 10% year-to-date.) climbed almost 6% to a record high after the company reported positive data related to its cholesterol drug and obesity treatment.
"On balance, financial markets like gridlock. To the extent that change will be slow and evolving, a divided government of course provides that backdrop," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis. Investors are also awaiting a key inflation reading due on Thursday, which is expected to show easing in consumer prices and provide further clues on whether the U.S. Federal Reserve could soften its campaign of aggressive interest rate hikes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks resilient as Wall Street slips, China trade disappointsU.S. stock futures and commodities slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, though resilience in Asian equities took some of the sting out of the selling.
Read more »
Asian stocks rise on China reopening hopes, track Wall StreetAsian shares rose on Tuesday as U.S. stocks increased overnight before midterm elections and investors clung on to hopes that China would eventually relax its strict pandemic curbs even after the government reaffirmed its commitment to the zero-COVID policy.
Read more »
European stocks mixed as China optimism fades, focus on U.S. mid-terms By Reuters*U.S. STOCK FUTURES TICK HIGHER WITH ALL EYES ON MIDTERM ELECTIONS - 🇺🇸 🇺🇸
Read more »
Stocks rally, dollar dips as investors cling to China COVID optimism By Reuters*U.S. STOCK FUTURES RISE TO START THE WEEK AS INVESTORS LOOK AHEAD TO U.S. CPI, MIDTERM ELECTIONS - 🇺🇸 🇺🇸
Read more »
Wall St set to open higher as voting in midterm election begins By Reuters⚠️BREAKING: *U.S. STOCKS OPEN HIGHER AS VOTING IN MIDTERM ELECTION BEGINS - 🇺🇸🇺🇸
Read more »