US midterm elections, the latest employment data and quarterly earnings from major technology companies are expected to dominate Wall Street's agenda in the week ahead, as investors assess the economic and political developments shaping financial markets.
The US midterm elections, scheduled for Tuesday, will determine whether Democrats can wrest control of Congress from President Donald Trump's Republican Party. While Democrats are widely expected to gain control of the House of Representatives, the Senate race remains uncertain.
Republicans currently control both chambers of Congress. A change in the balance of power could influence the Trump administration's legislative agenda and introduce fresh uncertainty for financial markets.
On the economic front, investors will closely monitor the US employment report for October, scheduled for release on Friday. The data is expected to provide important clues about the health of the labour market and help determine the Federal Reserve's next monetary policy moves.
In particular, investors will assess whether employment conditions and wage growth could influence the timing of another interest rate increase by the US central bank.