During Thursday's trading session, the broad market index gained 0.7% to close at a new record. The tech-heavy Nasdaq jumped 1.5% and ended the session above 19,000 for the first time. Meanwhile, the 30-stock Dow was marginally lower. The three major averages all hit intraday record highs during the session.

Beyond the election, investors await the Federal Reserve's November rate decision due Thursday and fresh commentary from Chair Jerome Powell on the central bank's policy moves going forward. Traders are pricing in 98% odds of a quarter-point cut following September's half-point reduction, according to CME Group's FedWatch too l.

Stock futures slipped in overnight trading Sunday as investors geared up for the highly-anticipated U.S. presidential election.

European markets have opened higher while Asian stocks fell following a record-setting day for U.S. stocks as China’s stimulus package disappointed investor expectations. China on Friday approved a $8