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S & P500 Futures Rise as US election results Trickle In



(Reuters) – US stock markets grew in volatile trading on Tuesday after a tight demanded website said there was a chance that the Democratic Party would win the House of Representatives in US mid-term congressional elections.

In line with the polls, Wall Street had waited for President Donald Trump's Republican Party to lose control of the house while retaining the Senate, and set up Washington's gridlock.

The S & P 500 e-mini futures moved higher as the election result trickled in and as the polling site FiveThirtyEight, the probability that the democrats winning the house had reduced to just over 50 percent. Earlier, Five Democrat Democrats gave more than a 90 percent chance of winning the house.

In Tuesday's trading, stock market indices increased, but trading volumes were thin as investors held back to making major bets before voting rates.

(Further Reporting from Sinead Carew, April Joyner in New York and Sruthi Shankar in Bengaluru)


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