US Markets Open Mixed As Midterm Voting Takes Centre Stage
What Happened
US markets opened mixed on November 3. The Dow Jones Industrial Average fell 206.75 points, or 0.40%, to 51,777.23, while the S&P 500 rose 0.10% to 7,549.17 and the Nasdaq Composite gained 0.39% to 25,263.01. Falling crude-oil prices supported broader sentiment, while disappointing reception to Apple’s results weighed on the technology backdrop. Investors are also focused on today’s US midterm elections.
Key Takeaways
Wall Street has started cautiously, with Nasdaq outperforming while the Dow trades lower. Oil prices and the US midterm elections are among the major factors shaping sentiment today.