Democrats' historic midterm victory, which shifted Congress control and boosted markets, highlights a significant shift in US political power and public sentiment.
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President again insisted that if he were on the ballot Republicans would have won, despite historic losses: ‘They just couldn’t transfer that love’Track live results from all 50 statesFull report: Democrats win control of CongressTell us: how do you feel about the midterm results?Wall 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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