Wall Street opens higher ahead of midterm elections as oil prices fall

U.S. stocks began the session in positive territory, with the Dow Jones up 0.76%, the Nasdaq gaining 0.61% and the S&P 500 advancing 0.43%. Falling oil prices and increased indirect contacts between the United States and Iran were cited among the factors supporting the market.

2 Nov 2026

Wall Street opened higher on the eve of the U.S. midterm elections. The vote is being closely watched as President Donald Trump seeks to retain control of Congress, while polls point to a likely Democratic victory in the House of Representatives and a more uncertain outcome in the Senate.

The Dow Jones rose 0.76% in early trading to 52,164.02 points. The Nasdaq gained 0.61% to 25,592.49 points, while the S&P 500 increased 0.43% to 7,612.36 points.

The advance came as oil prices fell amid increased contacts between the United States and Iran through intermediaries.

Sources: ANSA Economia.