U.S. stock futures edged higher Wednesday evening, with the Dow Jones, S&P 500 and Nasdaq 100 futures all up 0.1%, following a sharp rally earlier in the session. Equities were supported by West Texas Intermediate crude falling more than 8% to settle at $88.12 a barrel after Vice President JD Vance blamed the Iran war for Republican losses. Democrats flipped control of the House and Senate, while Qualcomm dropped 6.5% despite beating earnings estimates and AppLovin surged nearly 24% after posting better-than-expected results and issuing guidance above estimates. Investors are now watching weekly jobless claims data, Friday’s October nonfarm payrolls report and earnings from Tapestry, Kimberly-Clark, ConocoPhillips, Airbnb and Akamai.
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