Stock futures were trading mixed after President Trump declared victory in many key battlefield states early on Wednesday, although it is still unclear who has the votes to win, as Trump haunted. only the White House will push the Supreme Court to rule on disputed ballots.
Former Vice President Joe Biden won in Arizona while President Trump won in key battlefield states Florida and Ohio, according to Fox News.
With those three key states in the book, attention now shifts to the battlefields of Georgia, North Carolina, and Pennsylvania, where Trump takes the lead over Biden.
Dow Jones industrial average futures fell 0.1%, after falling 230 points.
S&P 500 futures are 0.5% higher.
Nasdaq futures were 2.4 percent higher.
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While Trump is flexing his might in key battlefield nations, Fox News has appealed for a Democratic majority in the House of Representatives.
House of Representatives Speaker Nancy Pelosi, who is struggling with Treasury Secretary Steven Mnuchin over the size of the COVID-19 stimulus bailout, is likely to take on his leadership role as Democrats are expected will select at least five seats in the lower house.
In Europe, London’s FTSE increased by 0.1%, Germany’s DAX fell 0.1% and France’s CAC increased by 0.2%.
Asian markets are mixed. Japan’s Nikkei rose 1.7%, Hong Kong’s Hang Seng fell 0.2% and China’s Shanghai Composite rose 0.2%.
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Looking at commodities, the price of West Texas Intermediate crude oil increased 92 cents to 38.56 USD / barrel and gold futures fell 22.20 USD to 1,888.20 USD / ounce.