Stocks, the dollar, and yields experienced an increase on US election night as futures on the S&P 500 went up by almost 0.5%. The US 10-year yield rose by eight basis points to 4.35%, reflecting market sentiment related to a potential Republican victory.

Tesla Inc. saw gains as the company stands to benefit from either election outcome; a Democrat win could boost the electric vehicle sector, while Elon Musk's support for Trump suggests a Republican victory could also favor the automaker.

Contracts on the Russell 2000 Index rose by 1.5%, with smaller companies expected to benefit from the Republican party's protectionist policies. Internationally, equities in Japan and Australia climbed, while Chinese markets showed mixed results. The CSI 300 Index of onshore shares increased in early trading, contrasting with a decline of about 1% in Hong Kong-listed stocks.