---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000969797.md"
description: "U.S. stocks rose pre-market (S&P +0.7%, Nasdaq +0.6%) after Democrats won House and Senate control in a landslide, neutralizing Trump’s remaining term amid rebukes on the Iran war, trade, and economy. Brent crude fell to $103/bbl and the 10-year yield to 4.92%, while Bitcoin, gold and silver surged. The result signals a possible 2028 Democratic White House, which would portend potential higher taxes on the rich, tariff rollbacks, and lower defense spending.  Tech mostly advanced, but $Tesla(TSLA.US) and $SpaceX(SPCX.US) each dropped 4% on Musk’s Trump ties and reduced merger odds. Strong 2026 S&P earnings growth (EPS $369 +33% y/y, P/E 20.5x) underpin equities, though TSLA’s valuation seems excessive amid declining future earnings estimates, and increased autonomous competition from $Alphabet - C(GOOG.US), $ANZN, $Baidu(BIDU.US) and others."
datetime: "2026-11-04T12:18:44.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000969797.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000969797.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000969797.md)
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344.md)"
generator: "portal-rs"
---

# U.S. stocks rose pre-market (S&P +0.7%, Nasdaq…


### Related Stocks

- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [SLV.US](https://longbridge.com/en/quote/SLV.US.md)
- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)
- [DULL.US](https://longbridge.com/en/quote/DULL.US.md)
- [SHNY.US](https://longbridge.com/en/quote/SHNY.US.md)
- [TSL.US](https://longbridge.com/en/quote/TSL.US.md)
- [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md)
- [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md)

## Comments (1)

- **遇见 · 2026-11-04T21:26:06.000Z**: The issue has receded.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**