Dow Jones futures were higher ahead of Tuesday’s open and the U.S. election results. Key inflation data, including the Consumer Price Index, is due out later in the week.
X
Republicans almost certainly will retake the House of Representatives in Tuesday’s midterm elections. They appear to have the edge in winning the Senate, though that is less clear. Democrats currently have a slim majority in the House, with Vice President Kamala Harris holding the tiebreaking vote in the 50-50 Senate.
Due out Thursday, the Consumer Price Index is expected to rise 0.7% in October vs. the previous month. Consumer inflation is expected to surge 8% year over year.
Diamondback Energy (FANG), Lyft (LYFT), Mosaic (MOS) and Shockwave Medical (SWAV) were key earnings reporters late Monday.
FANG stock traded a fraction lower in extended trade, while Lyft shares dived more than 16%. Mosaic shares…