അമേരിക്കൻ ഇടക്കാല തിരഞ്ഞെടുപ്പിൽ ഡെമോക്രാറ്റുകൾ മുന്നേറുമെന്ന സൂചനകൾ വിപണിയെ ബാധിച്ചു. എസ് ആൻഡ് പി 500, നാസ്ഡാക് സൂചികകൾ ഇടിഞ്ഞു. ഡോളറിന്റെ മൂല്യം കുറഞ്ഞപ്പോൾ ട്രഷറി ബോണ്ടുകൾ നേട്ടമുണ്ടാക്കി. കോൺഗ്രസിൽ ഡെമോക്രാറ്റുകൾ ഭൂരിപക്ഷം നേടുമെന്ന പ്രവചനങ്ങൾ നിക്ഷേപകർക്കിടയിൽ ആശങ്കയുണ്ടാക്കി. മെറ്റയുടെ ബോണ്ട് വിൽപ്പനയും നിക്ഷേപകരുടെ ശ്രദ്ധയാകർഷിച്ചു.
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US equity-index futures fell and the dollar weakened as early midterm vote counts and prediction markets pointed to rising chances of a Democratic victory, raising the prospect of gridlock in Washington. Treasuries gained.
Contracts for the S&P 500 Index dropped 0.3%, erasing an initial gain of 0.5%, while those for the Nasdaq 100 declined 0.6%. The dollar dropped against most of its Group-of-10 peers and the yield on the benchmark 10-year Treasury note fell four basis points to 4.92%. The MSCI Asia Pacific Index dropped 0.2% even as South Korea’s Kospi Index jumped 1%.
Millions of Americans cast ballots Tuesday in races that will determine control of Congress as well as a range of local issues. The first polls closed at 6 p.m. Eastern time.
Kalshi is pricing roughly a 97% probability of Democrats taking the House of Representatives and about an 86% chance of winning the Senate, pointing to the possibility of a sweep of both chambers.
“Early headlines and prediction markets are suggesting a rising probability of a blue wave,” said Andrew Ticehurst, a senior rates strategist at Nomura Holdings Inc. in Sydney. “That scenario is generally regarded as being negative for the dollar and positive for US Treasuries. Markets are reacting consistently with that in early Asia trading.”
Corporate Highlights:
Meta Platforms Inc. raised $15 billion from a US dollar bond sale, drawing solid demand as it became the latest Big Tech company offering juicy yields to entice buyers that are growing skeptical over the industry’s massive bet on artificial intelligence.
Nexperia BV has filed a lawsuit against its owner Wingtech Technology Co., seeking damages worth more than $2 billion and escalating a feud between the chipmaker’s Chinese operations and its estranged global management.
Palantir Technologies Inc., the AI-powered data and analytics platform that counts the US military among its chief customers, issued a quarterly outlook that pointed to a potential slowdown in sales growth.
BMW AG lowered its profit forecast for the second time in five months as the German automaker expands restructuring efforts and contends with falling demand for its vehicles in China.
Walt Disney Co. is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter.