US stock futures drop as Democrats win House

Stock futures fell as Democrats were projected to win the House of Representatives during the US midterm elections. Investors brace for potential legislative gridlock and tougher regulation on technology sectors.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, November 2, 2026.  REUTERS/Brendan McDermid

Stock index futures fell late Tuesday as Decision Desk HQ projected Democrats to win the House in the United States midterm elections. The projected shift raises the prospect of tougher oversight on artificial intelligence and potential legislative gridlock. Investors face a more complex fiscal backdrop as control of the Senate remains undecided.