The markets witnessed a bulls run just ahead of the US elections following last week’s rout at Wall Street. The shift happened due to investors transposing their portfolios the results of the US national elections’ results are awaited with abated breath. Treasuries and the dollar received a shot in the arm and US equity futures went up higher as initial tallies suggested the consequences of the American presidential elections than suggested by-polls. Key Highlights of Bulls Run Yields of Benchmark Treasury oscillated wildly – dipping once below 0.8% after surpassing 0.9% minutes earlier. On the other hand, the dollar progressed the maximum since June after recovering from the earlier losses. The index S&P 500 Futures kept oscillating between gains and losses before receiving a shot in the arm while the Nasdaq’s dip by 100 points prompted a brief halt in trading. The Mexican Peso and offshore Yuan recoiled and gold too fell. S&P 500 futures chart closed a little higher by 1.2 percent after having 5.6 percent the previous week in what was the index’s poorest weekly performance since March. Stocks that led the index to climb up a few levels were the industrials and materials sectors as investors’ stake these areas would profit from the increased infrastructure expenses as vowed by Biden, should he preside over the White House. The tech-savvy index Nasdaq that began the session more than 1 one percent higher, dropped to 0.4 percent gain for a single day. Industry experts are of the opinion that elections could lead to a blue-colored victory where Democrats will assume power over the two houses. They further state that if the Democrats form the new government, it implies that more regulations could be introduced especially for tech giants such as Google and Facebook. In a different part of the globe, Alibaba Group Holding Limited, stumbled by 9.3% in Hong Kong. This is due to the initial public offering of the Ant Group was halted by China, in which Alibaba has a stake of about one-third. On the other hand, mixed sentiments dominated Asian stocks with Japan outpacing while Australia lagged behind. US Stock Exchange after Elections Needless to say, investors all across are bracing up for the election results following weeks of speculations that had a major impact on the overall market sentiments. Fast forward Tuesday, polls were indicative of the Democrat candidate ahead of his Republican counterpart, despite some cut-throat battle at a few states. In the words of Ian Lyngen, a strategist at BMO Capital Markets, primary prospects for an instant resolution to the presidential elections have given way to an extended process with regards to both the White House and Senate. Volatility is expected to continue for some more time until things become clear. Till then, let's continue to wait for a little longer for the election outcome.