US stock futures pared sharp early losses to turn positive after Democrats won control of both chambers of Congress in the midterm elections. Nasdaq futures rose as much as 0.4 percent, with ING's Simon Wiersma saying the initial selloff was partly an overshoot given limited near-term impact on earnings and growth. AI-linked stocks including Tesla and SpaceX slipped on concerns over closer regulatory scrutiny.
US futures recover as Democrats sweep midterm elections
Source: Moneycontrol