Clean energy shares, which typically benefit under a Democratic leadership, rose with the Invesco Solar ETF TAN.P adding 2.2%. A split government, with a Democrat in the White House, has historically been favorable for stock markets as it paves the way for partisan standoffs on contentious policy changes such as the federal debt limit. With the election outcome still uncertain, investors were focusing on Thursday's inflation data, which is expected to shed more light on whether the Fed could soften its aggressive stance on interest rate hikes.