Yahoo Finance Live's Seana Smith analyzes how markets continue to move in anticipation of today's midterm election results.
SEANA SMITH: Welcome to Yahoo Finance Live. I'm Seana Smith, along with Rachelle Akuffo and Dave Briggs. Let's get you up to speed on the market action. Once again, we are looking at another day of gains. Dow on track for its third day of gains in a row. We're looking at the movement to the upside ahead of the midterm election results that we are expected to get or might not get, actually, for at least a day or two.
But the Dow up just around 238 points. We were up more than 500 points earlier in the session, giving up some of those earlier gains because of the broader selloff that we're seeing play out in crypto. We'll have more on that here in just a minute.
NASDAQ, though, in the red, off just around 1/10 of a percentage point. S&P also holding onto gains, up just around 2/10 of a percent. Russell 2000, that's moving to the downside here as we see some of the small cap stocks move to the downside. You can see Russell 2000 off just around a half of a percent.
In terms of some of the sector action that we're seeing play out this afternoon, majority of the sectors are holding onto gains. You only have four sectors in the red here in the final 60 minutes of trading. You can see consumer discretionary, communication services, among the biggest laggards, but the leaders here in what's pacing today's action, materials, real estate, and industrials really leading today's gains.