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stock futures rise as traders await election results and federal rate decision
Stock futures rose slightly as investors awaited election results in a tight race between former President Donald Trump and Vice President Kamala Harris. A Trump victory could boost the S&P 500 by up to 3%, while a Harris win might lead to a 1.5% drop, according to Goldman Sachs. The market also anticipates a Federal Reserve rate decision later this week, with a high probability of a quarter-point cut.