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US stocks trade higher as mid-term elections begin

IANS  |  New York 

US stocks traded higher on Tuesday as investors closely followed the country's mid-term elections.

The Dow Jones Industrial Average gained 113.63 points, or 0.45 per cent, to 25,575.33. The was up 9.36 points, or 0.34 per cent, to 2,747.67, reported.

The Index rose 31.74 points, or 0.43 per cent, to 7,360.59.

The results of the US midterm elections are expected to send ripples throughout capital markets.

On the economic front, the number of job openings decreased to 7 million on the last business day of September, the said on Tuesday.

Over the month, hires and separations were both little changed at 5.7 million. Within separations, the quits rate was unchanged at 2.4 per cent and the layoffs and discharges rate was little changed at 1.1 per cent, said the department.

On Monday, a report showed that the ISM hit 60.3 per cent, higher than analysts' expectations.

The has again reflected strong growth despite a slight cooling off after a record month in September, said experts.

--IANS

pgh/

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

First Published: Wed, November 07 2018. 02:20 IST
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