Results for “democrats sweep”

Gold held the biggest surge since August after a Democratic sweep of Congress in US midterm elections sent the dollar and Treasury yields lower, boosting its appeal.

Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.

Trump Media & Technology Group’s stock plunged 24 percent a day after Democrats made huge gains in the midterm elections.

Asian stocks were poised to follow Wall Street higher after a Democratic sweep in the US midterm elections sent oil plunging on hopes the monthslong conflict with Iran may end sooner.

Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.

Silicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight.

There are many ideas for saving Social Security. All of them will hurt.

Oil dropped Wednesday, putting prices on track for their largest one-week decline since 2020.

Democratic Representative Joe Morelle of New York said that Democrats need to focus on anti-corruption efforts and setting American families up for success after voters handed the party control of both chambers of Congress. Morelle also said that President Trump's continued focus on his White House ballroom today after voters repudiated his policies 'says volumes about his leadership.' (Source: Bloomberg)

Social Security's trust fund faces insolvency by 2032, and newly elected senators will confront automatic benefit cuts of 22% before their terms expire.

The Democrats’ election sweep on Tuesday could have far-reaching consequences for markets and the economy.

Stanley Black & Decker’s stock was the strongest performer among the S&P 500, while several tech players and associated power providers showed sharp declines.

Bondi refused to answer many questions from Democrats, instead launching personal attacks against these members of the U.S. Senate.

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)

The shares of US technology giants led the market higher on Wednesday as investors bet that a Democrat-controlled Congress will slow the massive spending on artificial intelligence that’s eating up free cash flow.

Democrats took control of the House and Senate, flipping Senate seats in Texas, South Carolina, North Carolina, Kansas and Ohio.

After spending more than $440 million on the midterms, the Tesla CEO will face a very different reception when Democrats control Congress.

The stock market surged Wednesday morning after Democrats were projected to take control of Congress after decisive wins in battleground states. Kelly O'Grady breaks it down.

Democrats' midterm victories draw mixed reactions from Wall Street and business executives over AI infrastructure, regulatory risks, market stability and travel.

Plus, newly empowered House Democrats are already preparing to call AI executives to testify under oath.

For nearly two years, Wall Street firms and startups have enjoyed a sweeping deregulatory agenda from President Donald Trump that relaxed post-financial crisis rules and boosted nascent industries.

Credit markets are starting to price in winners and losers from an expected slowdown in data center development after a Democratic sweep in the US midterm elections this week.

Investors are already picking the winners and the losers after Democrats glided to a landslide victory in the midterm elections.

Bank stocks led European markets higher as a landslide victory for Democrats in the US midterm elections removed some of the uncertainty that has weighed on stocks in recent weeks, while lower bond yields also provided a boost.

Wall Street finds reasons to cheer the Democrats’ sweep. Plus: Microsoft’s AI-era buyouts and a retiree’s appetite for a “free lunch.”

Ukraine’s dollar bonds jumped on a bet that a landslide victory by Democrats in US midterm elections will improve relations between Kyiv and Washington, helping the war-torn nation’s defense efforts.

Plus, the Democrats’ election blowout; CVS will break off its namesake pharmacies.

A Democratic sweep of Congress rippled across global markets, with stocks fluctuating while the dollar fell and Treasuries gained on bets the outcome will put the brakes on President Donald Trump’s agenda. Futures for the S&P 500 rose 0.2% while those for the Nasdaq 100 gained 0.3%. Both fell earlier before buyers stepped in. The dollar weakened against major peers, while 10-year Treasury yields fell three basis points to 4.93%. Europe’s Stoxx 600 climbed 0.6% and a gauge for Asian equities was little changed. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Emmanuel Cau, Barclays Head of European and APAC Equity Strategy, Negah Angha, King's College London Visiting Fellow; Mike Doustdar, Novo Nordisk CEO; Morris Reid, Actum Partner (Source: Bloomberg)

European defense stocks slid as the Democrats’ landslide midterm-elections win dented expectations of a further ramp-up in US military spending.

Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new administration and different rules in 2029

Plus, Iran turns to guerrilla tactics to try to stop the flow of oil leaving the Strait of Hormuz, and CVS Health decides to split in two.

Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures turn positive, reversing earlier declines And Chris Turner , global head of markets at ING, says: Investors will be parsing what this all means. For example, Gina Hinojosa won the Texas governor’s race on a ticket of wanting an immediate moratorium on data centre buildouts. Given AI’s role in powering the US economy, speculation over whether a new Democrat Congress would slow AI capital expenditure plans briefly hit markets. The chip exporter-heavy stock markets of Korea and Taiwan were briefly down 3-4% overnight on news of the blue wave, but have since recouped all those losses. For bond investors, the significance of the midterms is ultimately about what they mean for US borrowing. The result makes further significant fiscal expansion harder to deliver through Congress, potentially easing some of the pressure around government borrowing and Treasury issuance. That could be supportive for US Treasuries, but it won’t determine the direction of yields on its own. Growth, inflation and the Federal Reserve remain crucial. If the economy slows and inflation continues to ease, there is a stronger case for Treasury yields to move lower. Bonds are coming out ​as the clear winner as markets put the AI trade on the ​chopping block and embrace the higher possibility that further tax ​cuts are put on ice and government spending slows. Continue reading...

Shares fell sharply premarket after Democratic candidates swept the midterm elections, handing a defeat to Republicans backed by Musk to the tune of hundreds of millions of dollars.

Plus, the pound is rallying against the dollar after Democrats’ midterm sweep

Stock futures slid after Democrats won key Senate races across the country. The size of the blue wave surprised Wall Street, which was expecting a ripple.

European stock index futures fell as Democrats won control of both chambers of Congress in the US midterms, a potential setback for stocks given the prospect of tighter regulatory scrutiny, particularly of technology and artificial intelligence companies.

Democrats flipped at least six Senate seats and won the House, gaining power over Trump’s nominees and investigations but not his veto.

The results from the U.S. midterm elections are getting tabulated and look likely to have effects on Americans’ investments and their wallets.

Democrats flipped governor’s races in Texas and Ohio despite nine-figure spending, and won Iowa’s governorship for the first time since 2006.

As early results from the US midterm elections started to point toward a decisive win by Democrats, shares of prominent Republican-backer Elon Musk’s companies Tesla Inc. and Space Exploration Technologies Corp. dropped in after-hours trading.

Wall Street faces fresh uncertainty over what Democratic control of Congress could mean for taxes, government spending and regulation.

Wall Street faces fresh uncertainty over what Democratic control of Congress could mean for taxes, government spending and regulation.

Asian stocks fell to their lowest in over six months after early victories by the Democrats in the US midterm elections fueled concerns about tighter oversight of the artificial intelligence industry.

Democrats can’t override Trump’s veto, but the incoming Oversight chair promised to probe the family’s crypto deals, and other family businesses.

South Korea’s Kospi Index slid as shares of chipmakers plunged on concern that a strong showing by Democrats in the US midterms would lead to greater scrutiny of the artificial intelligence industry.

Trump put Darline Graham in her late brother’s seat and even rallied for her thrice. She ran about 10 points behind her own party’s candidate for governor.

Global solar stocks rallied as investors priced in growing odds of a Democratic sweep of Congress in the US midterm elections, an outcome seen supporting the renewable energy sector.