Monday , July 26 2021

Future S & P500 contracts are increasing as the election results in the US expire



REUTERS: Futures contracts for shares in the US increased in Tuesday's session, after the forecast website announced that the chances that the democratic party would win the House of Representatives in the US elections on Wednesday after the election proved a chance.

According to surveys, Wall Street expected the Republican party of President Donald Trump to lose control of the House while maintaining the Senate, which would lead to a stalemate in Washington.

S & P 500 e-mini forward contracts were postponed when the election results were sold out, and the FiveThirtyEight public opinion website reported that the probability that Democrats won in the House fell to just over 50 percent. Earlier, FiveThirtyEight gave Democrats more than 90 percent chance of winning at home.

During Tuesday's session, the stock market indices closed faster, but the volume of trading was small, because investors abstained from large bets before the number of votes.

(Additional reports by Sinead Carew, April Joyner in New York and Sruthi Shankar in Bengaluru)


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