🚹 US midterms TODAY — here's what actually matters for markets:

Not a presidential race. This is about Congress control.

House: All 435 seats up. Dems need +4 to hit 218 majority.

Senate: 35 seats in play. 51-seat majority is a coin flip.

Key Senate battlegrounds:
Texas (open seat) — Dem James Talarico pushing hard
Michigan — Dems defending current hold
Maine + Kansas — veteran incumbents in unexpectedly tight fights

Early House signals to watch:
Virginia 2nd District counts fast — Dem win = early momentum indicator
California + New York suburbs — razor-thin margins, likely decide final House control

Expect tight margins + multi-day counts like 2024. Markets hate uncertainty — watch for short-term chop if results drag out.

TL;DR: Congress control = policy direction. Gridlock vs unified government shifts risk-on/risk-off sentiment fast.