Global marketsUpdated November 3

US futures split as Apple falls on margin warning.

At 7:07 a.m. ET, Dow and S&P 500 futures were lower, while Nasdaq-100 futures were higher; rising chip stocks helped offset some losses. Apple fell in premarket trading after warning that memory-chip costs would continue to climb, pressuring its gross margin for the holiday quarter. Investors were also waiting for midterm results. An earlier CoinDesk live update, though, said tech stocks were edging higher as voters headed to the polls. Even before the results came in, the market’s direction depended on which corner—and which moment—you were looking at.

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Coverage started November 3