Yesterday's rally, driven by consumer-oriented sectors on hopes the election could calm inflation and geopolitical turbulence, precedes Friday's critical nonfarm payrolls report.

S&P 500 E-mini futures recovered sharply on Wednesday after digesting the results of the U.S. midterm elections and lower oil prices.

Democrats swept Congress. Gridlock, a December shutdown risk, and a 2027 debt ceiling fight loom, but stocks historically rise post-midterms.

The Democrats' dramatic victory last night ended election uncertainty, taking pressure off of Wall Street. Treasury yields fell and gold rose, while chip and AI stocks were mixed.

Major market indexes might look calm year to date, but subsurface churn has become increasingly intense, which is also being reflected in some economic growth data.

While Tuesday's U.S. mid-term vote dominates headlines, the tech sector got a boost from strong results reported by Advanced Micro Devices and other AI firms. Arm reports later.

Each month, Schwab Market Insights highlights key economic data, market trends, and portfolio considerations, giving investors our view of what's happening and what it might mean for their investments.

U.S. mid-term elections today could give Democrats more control. This comes as tech shares continue to retreat and investors mull results late yesterday from Apple and Palantir.

After last Friday's tech-led selloff, markets kick off this week on shaky ground. Earnings from Apple and Palantir will be in focus today, while a slew of jobs reports await.