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Results for “midterm losses”

Alcohol Stocks Jump as Blue Wave Lifts Tariff, Immigration Hopes

Investors are betting alcohol companies are among the winners of last night’s midterm election landslide on views a new Congress will push back on the Trump administration’s immigration and trade policies that dented booze businesses.

Bloomberg · 4h ago
The Business Fallout From a Blue Wave

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

The New York Times · 8h ago
European Bank Stocks Bounce Back as Midterms Ease Uncertainty

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.

Bloomberg · 9h ago
Democrats Sweep House and Senate in Midterm Rebuke of Trump

"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)

Bloomberg · 9h ago
Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live

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...

The Guardian · 10h ago
Tesla, SpaceX Shares Take Early Hit as Midterm Blue Wave Unfolds

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.

Bloomberg · 17h ago