The S&P 500 rose solidly on Tuesday as traders awaited the results from a high-stakes U.S. presidential election.
The broad market index gained 1.1%, and the Nasdaq Composite advanced 1.3%. The Dow Jones Industrial Average climbed 373 points, or 0.9%.
The race between former President Donald Trump and Vice President Kamala Harris is expected to be tight. Close attention also remains on which party dominates Congress, given that a sweep by Republicans or Democrats could contribute to drastic spending changes or a big revamp of tax policy.
Source: CNBC
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