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Democrats' historic midterm victory triggered a Wall Street surge, reversing overnight fears about AI regulation and economic growth.
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This blog has now closed – our live US midterms results coverage continues hereWall Street surged at the open, after Democrats scored historic victories in midterm elections and secured control of US Congress.The Dow Jones rose 2%, while the tech-heavy Nasdaq and the benchmark S&P 500 both gained more than 1%. That’s quite a reversal: Overnight, stock futures fell sharply as investors worried about the prospect of tougher regulation of the AI sector and the impact on economic growth. Continue reading...
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