Midterms: Nasdaq 100 futures went from -2.4% to +0.93% overnight, a ~3.4% rebound off the low
Democrats won the House and Senate in Tuesday's midterms and stock futures did a round trip overnight.
Nasdaq 100 futures fell as much as 2.4% and then were up 0.93% by 6:24am ET. That is a 3.4% rebound off the low in a few hours. The new Congress shows up in January, so the market has two months to change its mind again. Not financial advice.
https://www.investing.com/news/stock-market-news/us-stock-index-futures-steady-as-democrats-seize-congress-4997687
Sources: Reuters: at 6:24am ET Dow E-minis +1.44%, S&P E-minis +1.04%, Nasdaq 100 E-minis +0.93% · Morningstar: 10-year yield 4.92%, dollar index -0.5%, gold +2.9% to $4,055.40 after the midterms · CNBC: A blue wave sends futures into the green
Not financial advice. For informational and educational purposes only.
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