11/8/2022, 10:01 PM (Source: TeleTrader)
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US stocks close higher amid midterm elections

Markets on Wall Street closed with gains on Tuesday as investors focused on the midterm elections. According to the latest polls, the Republicans are favorites to win both the House and the Senate and regain control of Congress. Elsewhere, market watchers also awaited the earnings report from Disney.

The Dow Jones jumped 1.02%. Amgen, up 5.55%, led the gains.

The Nasdaq 100 rose 0.75%. The best performer on the index was Palo Alto Networks, whose shares soared 6.73%.

The S&P 500 increased 0.57% as SolarEdge Technologies skyrocketed 19.13%.

The euro added 0.50% against the dollar to sell for 1.00706 at 3:59 pm ET.

Baha Breaking News (BBN) / NP