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JPMorgan strategists expect limited market impact from the US midterm elections as investors price policy gridlock and look past the vote.

US equities snapped a two-day slide on Monday, October 26, with the S&P 500 up 0.70% to 7,676.77, the Dow higher by 0.28% and the Nasdaq up 0.82%, after reports that Anthropic had filed for a Nasdaq IPO under the ticker ANT.

S&P 500, Nasdaq and Dow gained as technology led and SpaceX surged on strong Q3 results.