US Equities Rise as Investors Focus on Election Over Eco Data
Stocks are on the rise Tuesday with Americans heading to the polls in a tightly contested presidential election, as investors focus on the race and look past a widening trade deficit and a jump in the services index.
The S&P 500 was up 0.9% at 11:04 am in New York, led by the the industrials and consumer discretionary sectors. Palantir Technologies Inc. is the top-performing stock in the index, jumping more than 20% after posting better-than-expected results. The tech-heavy Nasdaq 100 Index rose 1%, while the Dow Jones Industrial Average gained 0.8%.
Source: Bloomberg