# Stock futures mixed after Democrats' midterm wins

> U.S. stock futures mixed as Democrats secure midterm wins and oil prices drop.
- Title: Stock futures mixed after Democrats' midterm wins · CNBC
- Summary: U.S. stock futures mixed as Democrats secure midterm wins and oil prices drop. U.S.
- Keywords: democrats, midterm elections, stock futures, oil prices, s&p 500, nasdaq, dow jones, election results, political uncertainty, market volatility, CNBC
- Source: CNBC — https://cnbc.com/2026/11/04/stock-market-today-live-updates.html
- Author: Lee Ying Shan,Davis Giangiulio
- Published: 2026-11-04T23:06:54+00:00
- Read time: 1 min
- Topics: democrats, midterm elections, stock futures, oil prices, s&p 500, nasdaq, dow jones, election results, political uncertainty, market volatility, business, finance
## U.S. stock futures mixed
U.S. equity futures traded mixed early Thursday following a sharp decline in oil prices and certainty around Democrats' midterm election wins.
## S&P 500 and Nasdaq futures down
S&P 500 futures were down 0.3%, and Nasdaq-100 futures declined 1.17%.
## Dow futures rose
Futures tied to the Dow Jones Industrial Average rose 141 points, or 0.26%.
## Oil prices dropped sharply
West Texas Intermediate crude futures fell more than 8% to settle at $88.12 a barrel.
## Dow gains 1,500 points
The Dow gained more than 1,500 points, or 3%, to post its best day since April 2025.
## S&P 500 advances 1.6%
The S&P 500 advanced 1.6% as stocks rallied on Wednesday.
## Vice President Vance blames Iran war
Vice President JD Vance blamed the Iran war for Republican losses in the midterms on Tuesday.
## Asian markets mixed
Japan's Nikkei 225 gained 0.49%, while South Korea's Kospi dropped 2.33%.
## Consumer discretionary stocks up
Consumer discretionary names such as Walmart helped lead the way higher on Wednesday.
## Data center stocks fall
Names linked to data center build-out, like CoreWeave, fell on worries about backlash in light of election results.
## Portfolio manager warns of volatility
Jordan Watson, a portfolio manager at Tandem Investment Advisors, said the rally could be temporary and volatility is expected.
## Investors digest election results
We may be headed for more volatility as investors digest election results and potential policy implications.
## Jobless claims data coming
Traders will watch for weekly jobless claims data and October's nonfarm payrolls report.
## Key takeaway

U.S. stock futures mixed following Democrats' decisive midterm election victory and a sharp decline in oil prices.