If the Dems were winning big today, I would expect the same result (markets to go down) because of change and uncertainty. Therefore the fact that they closed strong is a good indicator in my opinion. For it means we will likely have status quo (Republicans in power).
“FWIW, the market futures started going crazy around 9:30pm on Election Night 2016. That was one of the first indications that Trump was going to win. Now the futures were going down only because the markets hate change and uncertainty (and Trump winning was certainly an unexpected event).”
Once Trump’s path to victory on Election Night 2016 became apparent, the Dow futures went from down almost 700 points early in the evening to up about 600 points, a 1300-point turnaround. The day after the election, the Dow was up about 257. It was a beautiful thing to watch.