US election results day stock market: S&P 500, Dow Jones, Nasdaq rise, full list of top performing stocks
US stock market indices — S&P 500, Dow Jones, and Nasdaq — closed sharply higher in a broad rally on Tuesday after data signaled a solid economy, but investors braced for volatile trading this week as voting was underway in an extremely tight U.S. presidential election, as per a report.
US Election News Live Updates
State-wise voting times in IST & when to expect early trends
US will make history. For the right reasons, or the wrong.
Dow Jones Industrial Average rose 427.28 points, or 1.02 per cent, to 42,221.88, the S&P 500 gained 70.07 points, or 1.23 per cent, to 5,782.76 and the Nasdaq Composite gained 259.19 points, or 1.43 per cent, to 18,439.17.
The election outcome could take days to be finalized as the latest polls showed the race between Republican Donald Trump and Democrat Kamala Harris, which has impacted markets in recent months, was too close to call, Reuters reported. The former president's odds improved on Tuesday in betting markets that many investors see as election indicators.
Volatility was more pronounced in government debt and currency markets. The benchmark 10-year U.S. Treasury note yield rose more than 10 basis points to a high of 4.366 per cent before paring gains on a solid auction, and was last down 2 basis points on the day.
Equity markets avoided Monday's volatility on expectations of a soft landing for the economy, bolstered by corporate earnings, lower interest rates and a resilient labor market.
Office Productivity
Mastering Google Sheets: Unleash the Power of
