Stock market today: Stocks, bond yields and bitcoin advance with US vote count uncertain

Read full article: Fall-like Wednesday, turning damp Thursday morning‘High stakes’ election leading to high anxiety for some votersKSAT’s election night livestream with results, reaction, analysis for November 5 electionLooking to save on items for your home, road trip and wardrobe? We've got the latest Insider Deals to share!People pass the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024.

An electronic stock board shows Japan's Nikkei 225 index at a securities firm Wednesday, Nov. 6, 2024 in Tokyo. Currency traders watch their computer monitors near the screens showing the Korea Composite Stock Price Index , left, the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations , at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 6, 2024.

In Asian share trading, Japan's Nikkei 225 index gained 2.3% to 39,341.44 while the Kospi in Seoul edged 0.2% lower to 2,570.94.Hong Kong’s Hang Seng index fell 2.7% to 20,439.58, ending a three-day rally, as investors sought safe-haven assets amid the uncertainties surrounding the U.S. election. The Hang Seng Tech Index slipped 3.3%, while the Shanghai Composite index edged 0.1% higher, to 3,388.70.

The gathering is expected to deliver more moves to help spur faster economic growth and resolve mounting levels of local government debt. On Tuesday, upbeat comments by Premier Li Qiang about the potential for both fiscal and monetary policies helped lift share benchmarks in Hong Kong and Shanghai by more than 2%. Li also expressed confidence that China will attain its growth target of about 5% this year.

Markets worldwide are fixated on what the election will mean for U.S. economic, monetary and trade policy, as well as geopolitics. A split in Congress between political parties would complicate policymaking, and a change to a White House headed by former President Donald Trump could bring major changes to trade and other policies.

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