• The Dow Jones Industrial Average .DJI rose 173.31 points, or 0.68 percent, to 25,635.01, the S&P 500 .SPX gained 17.14 points, or 0.63 percent, to 2,755.45 and the Nasdaq Composite .IXIC added 47.11 points, or 0.64 percent, to 7,375.96.
Wall Street’s major indexes closed higher on Tuesday as voters headed to the polls in U.S. midterm congressional elections and investors hoped the result would provide some relief for stocks after prolonged uncertainty.
• U.S. stock futures fell on Tuesday night as results of a widely anticipated midterm election started to trickle in.
Dow Jones Industrial Average futures were down 70 points, while S&P 500 and Nasdaq 100 futures also declined. They opened for trading at 6 p.m. ET.
Equities in the U.S. closed higher on Tuesday as the elections began earlier in the day.
Futures began their decline as Democrats took their first seat back in the House. Virginia state Sen. Jennifer Wexton defeated Republican Rep. Barbara Comstock, according to NBC News.
• Asia markets were mixed in early trade Wednesday as investors awaited the results of the much-anticipated midterm elections in the U.S. that could potentially have significant implications.
• Japan's Nikkei 225 was up 0.65 percent while the Topix index added 0.61 percent. In South Korea, the Kospi traded 0.48 percent lower while Australia's ASX 200 was down 0.19percent, with most sectors slipping.
Analysts said that markets were in a "holding pattern" ahead of the U.S. mid-term election results.
• See the key election races that markets are watching as early indicators.
The results hold massive stakes for future U.S. economic policy — and potentially President Donald Trump's political fate.
Reference: Reuters, CNBC
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