On US Election Day, Asia Mostly In Green, Europe Mixed, Dollar Softens - Global Markets Today While US Slept

On Monday, November 4th, U.S. markets closed lower after a volatile session as investors braced for a pivotal week with the U.S. presidential election and the Federal Reserve’s policy announcement. A poll showing Kamala Harris leading in Iowa impacted “Trump trades,” adding market uncertainty amid expectations of delayed election results.

Economic data showed that U.S. factory orders dropped by 0.5% in September, reaching $584.2 billion, following a revised 0.8% decrease in August.

Most S&P 500 sectors closed lower, led by losses in utilities, communication services, and financials, while energy and real estate stocks rose.

The Dow Jones Industrial Average dipped 0.61% to close at 41,794.60, the S&P 500 fell 0.28% to 5,712.69, and the Nasdaq Composite declined 0.33% to finish ...