U.S. stock index futures rose on Tuesday to begin the overnight session, which will see trading through the preliminary results of the U.S. presidential election.
Stock indexes rose for a second straight session earlier, as investors bet Democratic candidate Hillary Clinton would be elected to succeed Barack Obama.
Wall Street sees the former secretary of state as a status quo candidate lending stability to the markets, while Republican candidate Donald Trump's stances on foreign policy, trade and immigration are more conducive to volatility.
Asian stocks maintained gains in volatile trading as investors await the outcome of the U.S. presidential election, with early results showing Donald Trump capturing several states. Japanese shares fluctuated as the yen moved wildly.
The MSCI Asia Pacific Index gained 0.7 percent to 138.76 as of 10:03 a.m. in Tokyo. The measure has failed to break above this year’s peak reached in September as uncertainty over the U.S. election weighed on global equities. Investors are bracing for what could be a volatile trading session on Wednesday, with Asian markets opening as election results start trickling in for the most contentious election in decades between Republican Trump and Democrat Hillary Clinton.
Reference: Bloomberg, Reuters
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