Stocks surge, oil tumbles after Trump's election rout
NEW YORK, United States — Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled on expectations the Democratic sweep could hasten a resolution to the US-Iran war. Democrats seized control of both houses of Congress in a victory that gives them the power to block legislation, open investigations into Trump’s administration and influence government budgets, including the Pentagon. Heading into Tuesday’s vote, some investors had viewed a decisive Democratic win as representing trouble for stocks, citing the risk to the buildout of artificial intelligence data centers. But stocks bounced Wednesday as analysts said […]...Keep on reading: Stocks surge, oil tumbles after Trump's election rout
NEW YORK, United States — Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled on expectations the Democratic sweep could hasten a resolution to the US-Iran war. Democrats seized control of both houses of Congress in a victory that gives them the power to block legislation, open investigations into Trump’s administration and influence government budgets, including the Pentagon. Heading into Tuesday’s vote, some investors had viewed a decisive Democratic win as representing trouble for stocks, citing the risk to the buildout of artificial intelligence data centers. But stocks bounced Wednesday as analysts said […]...
Keep on reading: Stocks surge, oil tumbles after Trump's election rout
Keep on reading: Stocks surge, oil tumbles after Trump's election rout
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