Wall Street is set to open higher Wednesday after the U.S. midterm elections showed the Democrats winning control of the House of Representatives and the Republicans keeping a majority in the Senate.
Though the election results increase the potential for political gridlock in Washington, the outcome was mostly expected, so markets have not been as volatile as after other political events, such as the 2016 presidential vote.
Futures show the S&P 500 and Dow Jones industrials opening about a half a percent higher, while the Nasdaq is poised for a gain of closer to 1 percent.
