Stock futures rally as America awaits Election Day results

FAN Editor

Stock futures gained Tuesday evening as Americans await the results of the 2020 election.

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Polls in the key battleground states of Florida, Georgia and Ohio have closed, but the results are not yet known. Early results have gone as expected with former Vice President Joe Biden holding a slim lead in the Electoral College.

ELECTION DAY 2020: TRUMP, BIDEN OFFER DIFFERING VISIONS FOR US ECONOMY

Dow Jones Industrial Average futures were up 168 points, or 0.61%, while S&P 500 futures and Nasdaq futures were higher by 0.63% and 0.52%, respectively. The major averages all rose by at least 1.78% during Tuesday’s session, recording their best Election Day since 2008.

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Looking at commodities, West Texas Intermediate crude oil futures traded up 77 cents at $38.43 per barrel and gold futures ticked higher by $1.60 to $1,912 an ounce.

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