US Stocks Rise as FTSE Awaits Election Results

U.S. stocks rose on Tuesday, with the Dow Jones, S&P 500, and Nasdaq Composite closing higher, driven by strong earnings from Palantir Technologies and gains in Nvidia and Tesla shares. The technology and consumer discretionary sectors led the growth, while Wall Street showed calm with the VIX index easing. Investors are cautious due to potential volatility from the U.S. presidential election, with a split government predicted, which could limit significant policy changes. In the UK, the FTSE 100 saw modest gains amid anticipation of U.S. election results and upcoming interest-rate decisions from the Bank of England and the Federal Reserve. Despite potential election-related market fluctuations, strong economic data and earnings are expected to mitigate investor anxiety.