Stock market today: Wall Street edges higher as Americans head to the polls

NEW YORK — U.S. stock indexes edged higher as voters head to the polls on the last day of the presidential election. The S&P 500 was up 0.4% in early trading Tuesday. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite was 0.6% higher. Excitement about the artificial-intelligence boom helped lift Wall Street, as it has for much of the last year. Software company Palantir Technologies jumped 16.

Boeing shares rose close to 2% overnight after striking factory workers voted to accept the aerospace giant's latest contract offer after more than seven weeks. The contract’s ratification on the eve of Election Day clears the way for the aerospace giant to restart Pacific Northwest assembly lines that the walkout idled for 53 days and resume production of its bestselling airliner.

The broader U.S. stock market has historically risen regardless of which party wins the White House. And in 2020, U.S. stocks climbed immediately after Election Day and kept going even after former President Donald Trump refused to concede and challenged the results. That rally took place amid excitement about the potential for a vaccine for COVID-19, which had crippled the global economy.

Hong Kong's Hang Seng jumped 2.1% to 21,006.97, while the Shanghai Composite index surged 2.3% to 3,386.99. Elsewhere in Asia, Japan's Nikkei 225 index gained 1.1% to 38,474.90, reopening after a holiday on Monday.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street slips below its record highsNEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Asian markets are mixed after another winning close on Wall StreetBANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks rose to records to close out their latest winning week. U.S. futures also were mixed and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street opens lower as Big Tech stocks pull backNEW YORK (AP) — Wall Street is feeling the downside of high expectations as Microsoft and Meta Platforms lead U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street ends mixed even as the Dow ekes out another recordNEW YORK (AP) — U.S. stocks ended on a mixed note following the latest signals that the U.S. economy continues to hum. The S&P 500 closed little changed Thursday. The Dow Jones Industrial Average added 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street opens lower as its recent rally cools some moreNEW YORK (AP) — Stocks are opening lower as more momentum comes out of Wall Street’s record-breaking rally. The S&P 500 was 0.3% lower early Wednesday. It’s coming off two small losses since setting an all-time high on Friday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street slides as Treasury yields climb back above 4%NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
Source: SooToday - 🏆 8. / 85 Read more »