US stocks moved higher Tuesday as Americans cast their vote in a tight presidential race.
The Dow was up by around 380 points, or 0.9%; the S&P 500 was 1% higher and the Nasdaq Composite gained 1.4% by mid-afternoon Tuesday. Treasury yields also rose, with the 10-year topping 4.3%. The dollar ticked down.
It’s a busy week for markets. Just two days after Election Day, the Federal Reserve is set to announce its next interest rate decision, the first since officials cut interest rates by half of a percentage point and since unemployment data revealed .