US Stocks Close Slightly Higher as Investors Await Election Results

iStock/Thinkstock(NEW YORK) — Small gains for Wall Street on Election Day as investors anxiously awaited the result of the U.S. presidential election.

The Dow gained 72.83 (+0.40 percent) to finish at 18,332.43.

The Nasdaq jumped 27.32 (+0.53 percent) to close at 5,193.49, while the S&P 500 finished at 2,139.53, up 8.01 (+0.38 percent) from its open.

Crude oil fell less than 1 percent with prices over $45 a barrel.

U.S. Election: Investors will be closely following the presidential election Tuesday night as the night’s result could have a major effect on the market. Wall Street boasted triple-digit gains on Monday after the FBI revealed it would not change its conclusion of the Hillary Clinton email investigation, removing a level of uncertainty for the “status quo” candidate of many investors, Hillary Clinton. Analysts say Donald Trump is seen as a wildcard for a lot of investors and the market does not react well to uncertainty.

Winners and Losers: Valeant Pharmaceuticals’ stock sunk 22 percent after posting weaker-than-expected results in the third-quarter, including cutting its earnings guidance to $5.30 to $5.50 a share (previously $6.60 to $7 per share).

Despite earnings falling below expectations, shares of SeaWorld soared 8 percent as the entertainment company revealed there would be “significant cost reductions” that would affect SeaWorld’s results by the end of next year.

Election Day Deals: If you still have your “I Voted” sticker, Krispy Kreme locations nationwide will give you free doughnuts. When you show your sticker at BurgerFi, you’ll get a $5 Conflicted Burger which is usually a few dollars more. No sticker? Uber is offering $20 off for riders who are using the service for the first time– just use the code “VOTE TODAY.”

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