Major US stock indices rose moderately, helped by strong quarterly reports and a rebound in the technology sector after a two-day sell-off.

Investors were also preparing for the results of the mid-term elections in the United States. In the United States they will completely re-elect the House of Representatives (435 members) and partly the Senate (35 senators will be re-elected), as well as 36 state governors and dozens of other legislators will be elected, this can lead to significant changes in the alignment of political forces in US legislative power. Now the Republican Party, with a small margin, has a majority in both houses of Congress. If the Democrats regain a majority in one or both houses of Congress, they will be able to block the reforms carried out by the Trump administration. At the same time, if the Democratic Party regains a majority in Congress, it will not be able to fully implement its policy, since the president has the right of veto, and his term of office ends only in 2020.

Some attention was also attracted by data on the United States. The vacancy and labor turnover survey published by the US Bureau of Labor Statistics showed that in September, the number of vacancies fell to 7.009 million from 7.293 million in August (revised from 7.136 million). Analysts had expected the number of vacancies to fall to 7.1 million. The level of vacancies fell by 0.2%, and amounted to 4.5%. The number of vacancies decreased in the private sector (-188,000), and fell in the government sphere (-96,000).

Most of the components of DOW finished trading in positive territory (21 out of 30). The growth leader was the shares of International Business Machines Corporation (IBM, + 2.52%). Pfizer Inc. shares turned out to be an outsider. (PFE, -1.47%).

Almost all sectors of the S & P showed an increase. The industrial goods sector grew the most (+ 0.8%). Only the base materials sector decreased (-0.1%)

At the time of closing:

Index

Dow 25,635.01 +173.31 +0.68%

S & P 500 2,755.50 +17.19 +0.63%

Nasdaq 100 7,375.96 +47.11 +0.64%

U.S. stock-index futures traded slightly lower on Tuesday, as investors remained cautious, awaiting the outcomes of the U.S. midterm elections, which could impact the future of Donald Trump’s presidency as well as his tax and trade policies.

Global Stocks:

Wall Street. Stocks before the bell

(company / ticker / price / change ($/%) / volume)

Yandex N.V. (YNDX) initiated with a Buy at HSBC

A positive start to trading on European stock exchanges is expected, following slightly positive tones on Wall Street and on Asian markets - with the exception of China. The risk is contained, but it all comes down to how the elections in the United States will be held over the next 48 hours.