US stocks advanced as Americans headed to the polls on Election Day, with control of both chambers of Congress at stake and investors assessing potential risks to the artificial intelligence trade.
The S&P 500 Index gained 0.6% as of 1:27 p.m. in New York. Four of the 11 sectors in the index advanced, led by technology stocks. The Nasdaq 100 rallied 0.9%, rebounding a day after entering a correction. Apple Inc. bucked the trend, falling 1.8% after delivering a mixed outlook to investors. The Cboe Volatility Index hovered near 20.48.