Equity indices find stability as markets digest election results.

Dan Deming of KKM Financial reviews the equity markets as E-mini S&P 500 futures recover from the previous session's selling pressure, holding a half-percent gain. Deming notes that the market is digesting this week's election results and their impact on valuations, alongside solid initial jobless claims data that points to a strong labor market. The S&P 500 is testing support levels last seen in late July, sitting near three-month lows. Meanwhile, the E-mini Nasdaq-100 futures lead the recovery, gaining 1.5% in afternoon trading, while the E-mini Russell 2000 futures slightly lag the broader market.