U.S. stocks finished mixed, with signs of short covering in technology stocks. Market momentum diverged after the open, while the market was also seen waiting for the midterm election results.
U.S. stocks finished mixed. The Dow fell 197.26 points to close at 51,786.72, while the Nasdaq rose 207.65 points to finish at 25,372.01. The S&P 500 closed up 27.52 points at 7,568.92.
Selling triggered by Apple's earnings weighed on the market after the open, while declines and buying returned to technology stocks. The midterm election results were also a factor as investors sought the market's direction.
In the ADR market, several stocks fell relative to their Tokyo listings, including Advantest, Kansai Electric Power and Takeda Pharmaceutical. By sector, real estate and semiconductor-related stocks were firm, while consumer staples retail declined.
SoftBank Group ADR was relatively well bought among gainers, with several other stocks also trading in positive territory. SoftBank Group ADR and Japan Post were among the leading decliners. Overall, the U.S. market moved mainly on technology stocks, although some issues also rebounded.