US stock futures fall as midterm results point to Democratic sweep

US stock futures reversed early gains as early midterm vote counts and prediction markets signaled a possible Democratic sweep of Congress, with S&P 500 futures falling 0.3% and Nasdaq 100 futures dropping 0.6%. The dollar weakened against most major peers while Treasuries gained. Prediction markets showed roughly a 97% probability of Democrats taking the House and 86% for the Senate, raising prospects of gridlock in Washington. The 10-year Treasury yield fell four basis points to 4.92%, while the MSCI Asia Pacific Index dropped 0.2%. Corporate news included Meta raising $15 billion in bonds, Palantir issuing a cautious outlook, and BMW cutting its profit forecast for the second time in five months.