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US stocks open mixed ahead of midterm election

IANS  |  New York 

US stocks opened mixed on Monday as investors got ready for the upcoming midterm elections.

The gained 61.56 points, or 0.24 per cent, to 25,332.39. The was up 5.4 points, or 0.20 per cent, to 2,728.46, reported.

The Index fell 27.25 points, or 0.37 per cent, to 7,329.75.

US voters will head to the polls on Tuesday and the results of the country's midterm elections can send ripples throughout capital markets. Democrats are largely expected to regain control of the House while Republicans may maintain a grip on the

shares dipped more than 3 per cent in early trading on Monday. The decline comes after downgraded amid expectations of lower sales.

On the economic front, the ISM hit 60.3 per cent, higher than analysts' expectations.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 00:36 IST
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