Report
Tech stocks lead S&P 500 gains on Election Day as solar options trading surges
The S&P 500 rose 0.5% by 10:47 a.m. New York time; solar ETF options volume surged by midday.
TLDR
Technology stocks led the S&P 500 higher as voters headed to the polls, with control of both chambers of Congress at stake. The index was up 0.5% and the Nasdaq 100 had gained 0.9% by 10:47 a.m. New York time. By midday, more than 20,000 Invesco Solar ETF options contracts had traded, with calls making up 99% of them. Trading volume was 40 times higher than usual.
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