• U.S. stock futures fluctuated early on Wednesday. S&P 500 futures, which swung between gains and losses about 10 times over 12 hours, were poised to rise nearly 2 percent when trading starts.

  • Futures for the Nasdaq 100 index, heavily weighted toward technology stocks, surged 3.5 percent.

  • European markets were higher, with the Stoxx Europe 600 index gaining 1.3 percent. In Britain, the FTSE 100 index was 1 percent higher, the CAC index in France climbed 1.4 percent, and the DAX index in Germany was less than 1.1 percent stronger.

  • In Asia, stocks closed higher, with the Shanghai Composite in China gaining 0.2 percent, and the Nikkei in Japan rising 1.7 percent.

  • The biggest market reaction to the presidential election has been in U.S. Treasuries. The 10-year yield on American government bonds plummeted 12 basis points, or 0.12 percentage points, to 0.78 percent. It was the biggest single-day move in seven months, and a sign that investors were seeking a safe asset.

  • Oil prices also climbed. West Texas Intermediate, the U.S. benchmark, gained 2.2 percent, at $38.48 a barrel.

  • Gold prices were flat percent to $1,910 per ounce, reversing earlier losses.

  • An index of the U.S. dollar against other major currencies fell 0.2 percent, after being stronger for most of the morning in Europe.



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