Small Caps Post Biggest Election-Night Move as Votes Roll In

  • Russell 2000 futures gain 3.6%, S&P 500 futures up as well
  • Traders say it’s still too early to place any difinitive bets
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US equity futures climbed to session highs on Tuesday as polls closed in key states, with the riskiest parts of the stock market posting the biggest swings.

Futures on the small-cap Russell 2000 Index advanced as much as 3.6% as of 10:02 p.m. in New York, before paring the rally to 2.5%. Contracts on the S&P 500 Index rose 1.2%, while futures on the Nasdaq 100 Index jumped 1.3%.