Stocks Surge With Futures on U.S. Election Day: Markets Wrap

(Bloomberg) — Stocks rallied with U.S. futures on Tuesday as a gust of optimism swept through global equity markets with millions of Americans headed to vote. Currency traders braced for increased volatility.Banks and oil drillers including Chevron Corp. rose in U.S. premarket trading. Futures on the blue-chip Dow Jones Industrial Average surged as much as 1.8%, outperforming contracts on the tech-heavy Nasdaq 100. Treasuries fell and a gauge of the dollar dropped the most in three weeks as a risk-on mood prevailed.While trades reflecting a Democratic sweep held firm, betting markets aren’t convinced. They slipped to just over 50% odds …read more

Source:: Yahoo Finance

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