U.S. stock futures climbed in early morning trading as investors waited for Tuesday’s presidential election between incumbent Donald Trump and former Vice President Joe Biden. Dow futures gained by 161 points. S&P 500 futures and Nasdaq 100 futures both also traded in mildly positive territory, CNBC reports. The Nasdaq Composite was the relative underperformer, adding just 0.4 percent as Facebook, Amazon, Apple and Microsoft all closed lower. “Today’s strong stock market gain was fueled by technical support — a stock market which bounced decisively from its recent lows, a nod to ongoing economic momentum, despite a recent spike in Covid cases,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.

Source: The Standard November 03, 2020 07:18 UTC