BlockBeats reports that after the U.S. midterm election results were announced and Democrats regained control of both chambers of Congress, U.S. stock futures turned higher after falling, with institutions attributing the rebound to the unwinding of pre-election hedges and a decline in the risk premium.
US voters are casting ballots in the midterm elections, with control of both chambers of Congress still undecided. US stock futures are largely flat as the market also assesses AI trading risks and election uncertainty.
Futures for the three major U.S. stock indexes rose across the board before the market open; international oil prices edged lower; gold rose, silver fell, and major European stock indexes moved in different directions.
After Iran’s supreme leader called for proposals on conditions for ending the war, oil prices briefly fell, while U.S. stock futures, Treasury prices, and the crypto market rose.
PANews, citing Bloomberg, said that AI concerns over investment returns and valuations weighed on U.S. stock futures and the chip sector, while risk aversion strengthened U.S. Treasuries. 10 The yield on -year U.S. Treasuries was reportedly down to 5.08%。
The article states that BTC support below 80000 USD is facing a second test, 75000 USD with a cluster of long liquidations nearby; U.S. stock futures are bullish, but chips, memory, and AI infrastructure bonds remain under pressure.
BlockBeats said that the situation in the Middle East faces a risk of further escalation; amid cooling expectations of a Federal Reserve rate hike, Nasdaq 100 index futures rose 0.3%, while Bitcoin was quoted at 86,371 USD。