Futures suggests positive open for stock market with U.S. election outcome uncertain

Futures suggests positive open for stock market with U.S. election outcome uncertain
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TORONTO — The futures market pointed to a positive start for trading on U.S. stock markets today even as there was no clear winner in the U.S. presidential election.

President Donald Trump and Democratic challenger Joe Biden were locked in a tight battle in three key battleground states.

Results in Wisconsin, Michigan and Pennsylvania were too close call.

Dow, Nasdaq and S&P 500 futures, which were volatile overnight, were up before the start of trading.

Meanwhile, stock markets in Europe were up as traders watched the U.S. election results.

In Asia, the Nikkei 225 in Tokyo advanced in overnight trading, while the Hang Seng in Hong Kong fell and the Shanghai composite index edged higher.

This report by The Canadian Press was first published Nov. 4, 2020.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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