5 things to know before the stock market opens Wednesday

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U.S. stock futures were volatile overnight and early Wednesday morning with the presidential election still unsettled.

on California's Proposition 22, a ballot measure to exempt drivers for app-based transportation and delivery companies from being classified as employees under the state's new labor law. Uber and Lyft had warned that they likely would have had to pass on increased costs of worker reclassification to consumers. Uber had estimated in a blog post earlier this year rider price-hikes of 25% to 111% in parts of California to cover the costs.

of 99,321 after somewhat better numbers over the weekend and Monday. Trump, at election eve rallies on Monday, repeated a claim disputed by experts that the rise in coronavirus cases was the result of increased testing.

 

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