According to Research Analyst Geoffrey Yu at UBS, “Polling has opened on the Eastern Seaboard and we expect market activity to remain limited through the rest of the day as results filter in, from 19:00 ET, and if all the state votes are decisive, a winner may be declared around 23:00 ET.” The only major market driver during the European session was further concerns on the situation in Greece. With a key vote on austerity measures due tomorrow, the outcome is considered by some to be in the balance, but enough to concern the Eurogroup such that a special meeting originally scheduled on the 8th to discuss the situation has now been postponed. Another event risk is the European Commission's budget forecasts due tomorrow, which could again refocus the issue on Spain. Overall though, risk managed to stay on a steady footing.