Futures contracts on the major US stock indices are falling amid preliminary results of the midterm elections, which indicate a possible transfer of control of the House of Representatives to the Democrats, Reuters reports. According to Mazel, Dow Jones futures were down 0.73%, S&P 500 futures were down 1.12% and Nasdaq futures were down 2.07%. Market participants fear political paralysis, which could complicate negotiations on government spending and the US debt ceiling.

Futures contracts on the major US stock indices are falling amid preliminary results of the midterm elections, which indicate a possible transfer of control of the House of Representatives to the Democrats, Reuters reports. According to Mazel, Dow Jones futures were down 0.73%, S&P 500 futures were down 1.12% and Nasdaq futures were down 2.07%. Market participants fear political paralysis, which could complicate negotiations on government spending and the US debt ceiling.