US stock futures moved higher as investors brace for the results of the US presidential election, which have begun rolling in and will continue to over the next several hours.
Near 8 p.m. ET, contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.3%, while S&P 500 futures (ES=F) moved roughly 0.5% higher. Dow Jones Industrial Average futures (YM=F) were up about 0.7% on the heels of a winning day for stocks.
Stocks finished Tuesday’s session solidly in the green as Americans flocked to the polls to decide whether Kamala Harris or Donald Trump will become the next president.
Polls in states including Georgia, North Carolina, Pennsylvania, Florida, and Virginia, among others, are now closed. The remaining states will shut down their respective polling stations within the next few hours, with most polling locations set to close by 11 p.m. ET.
So far, Trump has won Kentucky, West Virginia, South Carolina, Alabama, Mississippi, Oklahoma, Florida, Tennessee, and Indiana. Harris has claimed Vermont, Rhode Island, Connecticut, Maryland, and Massachusetts, according to the Associated Press.
As the results start to trickle in, investors will closely scrutinize any movement in stock futures, given the possibility of short-term market volatility. It’s possible the outcome of the election may not become clear for days or even weeks.
Read more: The Yahoo Finance guide to the presidential election and what it means for your wallet
Both Harris and Trump have made their final pitch to voters. Trump pledged last-minute tariffs and less money for chips while Harris promised to “seek common ground” in her final rally in Philadelphia on Monday.
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