U.S. stock futures pointed to a slightly higher open on Monday as investors got ready for the upcoming midterm elections.
As of 7 a.m. ET, Dow Jones Industrial Average futures rose 27 points, indicating a gain of 36.17 points. S&P 500 and Nasdaq futures also rose slightly.
U.S. voters will head to the polls on Tuesday for high-stakes elections that can send ripples throughout capital markets. Democrats are largely expected to regain control of the House, with Republicans forecast to retain a slim majority in the Senate.This outcome is seen as largely positive as, historically, a government has led to solid gains in the stock market.
Investors are also grappling with uncertainty on the trade front.