Democratic sweep gives markets a reason to rethink path of interest rates
Rate hikes could be curbed by an Iran war resolution, slower U.S. growth and fresh fiscal policy — but none are set in stone.
Topic
Rate hikes could be curbed by an Iran war resolution, slower U.S. growth and fresh fiscal policy — but none are set in stone.
Prediction markets projected election results well before media outlets in an effort to position themselves as fast, reliable news sources.
Nasdaq, Dow, and S&P 500 open higher after Democrats take control and Trump accepts results.
The next debt-ceiling confrontation could reverse Washington's traditional political roles, raising the possibility of spending concessions, market volatility and a damaging default.
Investors shunned AI stocks and turned to government bonds on Wednesday in the wake of the Democratic Party's takeover of Congress in the US midterm elections. Oil prices meanwhile ticked slightly higher, as uncertainty remains over the direction of US President Donald Trump's war against Iran. Also in this edition, we focus on the central issue of this midterm campaign: the rise in the cost of living.