Dow futures jump over 2% after Democrats win Congress

US stock futures rose sharply on Wednesday after Democrats won the midterm elections. Dow futures gained about 1,150 points before the open.

MoneyVision newsroom · Published 5 Nov, 18:10 UTC · United States

1,150 pointsDow futures gain

Stock futures rose sharply on Wednesday morning after the Democrats' strong win in the midterm elections. Futures are contracts that track where an index is expected to open.

Before trading opened, futures on the Dow Jones Industrial Average pointed about 1,150 points higher. That put them over 2% above where the index finished Tuesday.

S&P 500 futures gained more than 90 points. Nasdaq composite futures rose by more than 120 points.

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