Asian share markets turned skittish and S&P futures wobbled on Wednesday as results from the U.S. presidential election showed an agonisingly close race with no clear winner yet in sight.
"In typical election risk-driven fashion it's been the stairs up and express elevator down as early results, especially out of Florida, are pointing away from the quick Biden outcome markets were looking for," said Stephen Innes, Chief Global Markets Strategist at Axi."Markets have taken a step back from the Democratic sweep scenario."
E-Mini futures for the S&P 500 veered wildly between negative and positive and were last up 0.36%. EUROSTOXX 50 futures lost 0.5% and FTSE futures 0.8%.
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