Wall Street is bracing for midterm results — but Thursday's inflation report may be a bigger deal

Wall Street is waiting for the results of Tuesday's midterm election like the rest of the world, but traders say this week's inflation report may prove to be far more consequential to markets.

News: What you need to know about the markets     Wall Street is bracing for midterm results — but Thursday's inflation report may be a bigger deal Wall Street is waiting for the results of Tuesday's midterm election like the rest of the world, but traders say this week's inflation report may prove to be far more consequential to markets. Read more »   Stocks surging again as Americans head to the polls #RedWave? #VoteBlue? Wall Street only saw green on this midterms Election Day. Stocks surged Tuesday, marking their third straight day of solid gains. Read more »   Cryptos plunge as feud between industry giants sparks contagion fears Bitcoin and other cryptocurrencies tumbled on Tuesday after a dispute between two of the biggest players in the sector spread fear among investors. Read more »   Trump-linked SPAC stock goes bonkers ahead of midterms Many political experts are predicting big Republican wins in the midterm elections that could give the GOP control of at least one, if not both, chambers of Congress. Investors have taken notice too. Read more »   Corporate entertaining has come roaring back Samuel Roe, regional manager for Terlato wines, had business associates visiting a few weeks ago and called a friend at one of the most expensive rooftop eateries in New York to ask if his group could get a table. Read more »   What midterm elections could mean for the US economy Tuesday's midterm elections come at a time of economic vulnerability for the United States. Recession predictions have largely turned to "when" not "if" and inflation remains stubbornly elevated. Americans are feeling the pain of rising interest rates and are facing a winter filled with geopolitical tension. Read more »

Dow Nasdaq S&P +333.83   +51.68   +21.31 33,160.83   10,616.20   3,828.11 +1.02%   +0.49%   +0.56% YTD -8.74%   YTD -32.14%   YTD -19.68%

Biggest Winners Welltower Inc +8.22%   Dupont De Nemours Inc +7.35%   Albemarle Corp +6.81%   Mosaic Co +5.95% Biggest Losers Medtronic PLC -6.25%   International Flavors & Fragrances Inc -4.96%   DaVita Inc -4.35%   Domino's Pizza Inc -3.00%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $88.60 -3.19 / -3.48% Gold $1,715.90 +35.40 / +2.11% 10-yr 4.13% -0.09 Euro $1.01 +0.01 / +0.61%

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