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US stocks futures depreciated when the election results dripped



Dow (OUTRAGEOUS)futures were down 172 points, or 0.6%, by around 8 p.m. ET after gaining more than 200 points the previous Tuesday night. S&P 500 (SPX) term fell 0.5% and Nasdaq (COMP) futures futures decreased 0.1%. Polls in 16 states and Washington DC close at 8 p.m. ET, and stock futures seem to waver as election results from the key Florida race arrive.
US stocks surged on Election Day.

The Dow closed on Tuesday up 555 points, or 2.1

%, the best percentage gain since mid-July. The S&P 500 closed 1.8% higher, the best day of the month. The Nasdaq Composite hit 1.9 percent higher – best performance since mid-October.

Hopefully more government spending will help a short-term economic recovery boost markets and risky investments like stocks. The increase also reflects Wall Street bets that former Vice President Joe Biden will win the election.

Analysts at Goldman Sachs (GS) The winner will be declared on Tuesday night as swing states like Florida, Arizona, Georgia and North Carolina will report the results quickly, said Tuesday. That certainty is also likely to be a driving force for the market.
Look forward, Wendy’s (WEN), Allstate (ALL) and Hilton (LDS) earnings report on Wednesday.

CNN’s Anneken Tappe contributed to this report.


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