Stock futures are flat as Wall Street awaits U.S. midterm elections – CNBC

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. Brendan Mcdermid | ReutersStock futures rose Monday evening following a winning day for markets as investors looked ahead to U.S. midterm elections on Tuesday.Futures tied to the Dow Jones Industrial average rose 83 points or 0.26%. S&P 500 futures and Nasdaq 100 futures gained 0.31% and 0.42%, respectively. Shares of Lyft fell 13% while Take-Two Interactive and Tripadvisor slumped more than 15% each after reporting disappointing quarterly results.The moves come after a day when all major indexes notched a second straight positive session. The Dow Jones Industrial Average closed higher by 423.78 points, or 1.31%. Meanwhile, the S&P 500 gained 0.96%, and the Nasdaq Composite rose 0.85%.Investors are awaiting Tuesday’s midterm election results. They will determine which party controls Congress and steer future policy and spending.Any market reaction will likely hinge on whether Republicans take back the House of Representatives, the Senate or both.”The idea that [Republicans are] going to take back the house is pretty much baked into the market,” said Lori Calvasina, RBC Capital Markets on CNBC’s “Fast Money” on Monday. “I’m not saying it won’t be a good
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