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Stock futures trade lower as election results are tallied
Election Day 2022: Kenny Polcari says Wall Street expecting split Congress
KPMG chief economist Diane Swonk and SlateStone Wealth chief market strategist Kenny Polcari discuss how the results 2022 midterm elections could affect the investment landscape on ‘The Claman Countdown.’
U.S. equity futures were trading lower early Wednesday morning, as investors awaited the outcome of the midterm elections and a major inflation update due later in the week.
The major futures indexes suggest a decline of 0.3% when the opening bell rings on Wall Street on Wednesday morning.
Oil prices were adding to Tuesday's declines.
U.S. West Texas Intermediate (WTI) crude futures traded around $88.00 a barrel. Brent crude futures traded around $94.00 a barrel.