Nasdaq 100 Futures Rise After Midterm-Linked Drop of Up to 2.4%

U.S. equity futures moved higher Wednesday after overnight losses linked to the midterm election results, with Nasdaq 100 futures changing course after falling as much as 2.4%.

Futures tied to the S&P 500 and Dow Jones Industrial Average also regained ground. That recovery extended beyond the Nasdaq 100, bringing all three index futures back from overnight pressure.

The initial market concern centered on tighter regulatory oversight of artificial intelligence and technology companies after the election. The policy concern shaped the first reaction to the results, as investors assessed the midterm outcome.

By Wednesday, Nasdaq 100 futures were higher after the sharp decline, while S&P 500 and Dow futures had also recovered some ground. This meant the rebound spanned three of the country's major stock index futures following the overnight sell-off. The election results and the regulatory implications for AI and technology firms remained the context for that change in direction.