Wall Street pointed toward gains early today as investors awaited the outcome of the U.S. presidential election, the Associated Press reports. Futures for the S&P 500 and the Dow Jones Industrial Average each rose 0.2% before the bell.
This week brings various potential flashpoints, among them Election Day in the United States, but the results may not be known for days, weeks, or months as officials count all the votes, and the uncertainty could roil markets.
Boeing shares rose close to 2% overnight after striking factory workers voted to accept the aerospace giant’s latest contract offer after more than seven weeks.
Software maker Palantir climbed 13.7% in premarket after the company beat third-quarter sales and profit forecasts on what CEO Alexander Karp called “unrelenting demand for AI that won’t slow down.”
Dollar Tree rose 4% after the discount retailer said it was looking for a new CEO after Rick Dreiling stepped down. Chief Operating Officer Michael Creedon Jr. will be interim CEO. Dollar Tree also reaffirmed its third-quarter guidance.
In the oil market early today, the price for a barrel of U.S. crude gained 29 cents to $71.76. Brent crude, the international standard, advanced 31 cents to $75.39 per barrel.
The dollar rose to 152.18 Japanese yen from 152.10 yen.
