Stock futures climb modestly as election results start rolling in | CNN Business

New York CNN Business  — 

US stocks were mostly unchanged in after-hours trading as results from Tuesday’s midterm elections rolled in.

Investors have been betting on a big Republican wave in the elections. If Republicans take at least one chamber of Congress, that will likely result in more gridlock, which the market usually loves. Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits.

Dow futures were down 45 points, or about 0.14%. S&P 500 futures were down 0.1%, and the Nasdaq Composite was down 0.01%.

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