Stock market live: Election night updates and impacts

Nov 5, 2024
stock-market-live:-election-night-updates-and-impacts

US stock futures held steady as investors brace for the results of the US presidential election, which are expected to roll in over the next several hours.

Near 6 p.m. ET, contracts on the tech-heavy Nasdaq 100 (NQ=F) climbed about 0.1% while S&P 500 futures (ES=F) also moved roughly 0.1% higher. Dow Jones Industrial Average futures (YM=F) were up about 0.2% on the heels of a winning day for stocks.

Stocks finished Tuesday’s session solidly in the green as Americans flocked to the polls to decide whether Kamala Harris or Donald Trump will become the next president.

Polls in a select number of states, like Indiana and Kentucky, have now officially closed. The rest of the country will shut down their respective polling stations within the next few hours, with most polling sites set to close by 11 p.m. ET.

As the results start to trickle in, investors will closely scrutinize any movement in stock futures, given the possibility of short-term market volatility. It’s possible the outcome of the election may not become clear for days or even weeks.

Read more: The Yahoo Finance guide to the presidential election and what it means for your wallet

Heading into Tuesday, betting markets tightened while national polls showed both candidates in a virtually deadlocked race. Polls in key battleground states like Pennsylvania, Michigan, and Wisconsin, which are likely to decide the fate of the election, also showed razor-thin margins.

But the results will soon become known. Both Harris and Trump have made their final pitch to voters. Trump pledged last-minute tariffs and less money for chips while Harris promised to “seek common ground” in her final rally in Philadelphia on Monday.

LIVE 2 updates

  • Some tips for tracking tonight’s election returns

    Our job at Yahoo Finance tonight is to track market implications of election developments, not to parse election returns at the county level and draw maps and circles all over wall-sized maps of Pennsylvania and Georgia. But I set up an X feed with a few experts on election returns, for anybody who wants to go deep into the districts tonight. Anybody can follow that feed for sharp analysis of what early returns are telling us. Just click the link above and follow my list, which I’ve cleverly labeled “Election night.”

    I noticed political analyst Louis Jacobson curated an election night list as well. Click that link to follow it. Lou does terrific work as a contributor to PolitiFact and many other outlets. Definitely a good guy to follow, in his own right.

    If there’s anything you’d like us to address in this blog tonight, tag us: @YahooFinance @rickjnewman @benwerschkul and @allie_canal. We offer personalized service, when possible!

  • Alexandra Canal

    Stock futures rise as first states close polls

    US stock futures held steady as the first states closed their polls in the wrap-up to Election Day.

    Near 6 p.m. ET, contracts on the tech-heavy Nasdaq 100 (NQ=F) climbed about 0.1% while S&P 500 futures (ES=F) also moved roughly 0.1% higher. Dow Jones Industrial Average futures (YM=F) were up about 0.2% on the heels of a winning day for stocks.

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