Nasdaq 100 Pushes Past 1% Gain as US Midterm Polls Open

The Nasdaq 100 extended its gains to over 1% on the day, according to a breaking alert from @KobeissiLetter. The move landed right as polls opened across the US for the midterm elections. The index was already higher — it just kept climbing into the vote.

The source framed the two events together: an index on the move and an election day kicking off. That timing is the story. Voters headed to polling sites nationwide while the tech-heavy benchmark added to its session gains.

Kobeissi's post did not include the index's level, the size of the point move, or which stocks were driving it. It also did not say whether the election itself was behind the buying. What's confirmed is narrow and clear: gains topped 1% as polling stations opened.

Midterm elections decide the balance of power in Congress, and they typically draw heavy attention from investors watching for shifts in policy. The alert offered no read on how traders were positioning around the outcome, or what they expect once results land.

Next up: polls stay open across the US, and results will roll in afterward. The Nasdaq 100's session performance, and whether it holds above that 1% mark, will be the number to watch alongside them.