#usmidterms-whataremarketsexpecting? Markets are reacting to the US midterm election results where Democrats gained control of Congress. Wall Street surged as investors expect political gridlock to make major new spending or tax changes harder to pass. This prospect pushed US Treasury bonds higher and drove bond yields down. While big tech and clean energy shares rose, AI-related data center stocks and defense companies slipped due to fears of tighter regulation.
$BTC $ARB $NEAR