The results of the US midterm elections saw the Democratic Party sweep Congress, securing a majority in both the Senate …
The results of the US midterm elections saw the Democratic Party sweep Congress, securing a majority in both the Senate and the House. The outcome led to the Dow Jones Industrial Average posting its best single-day performance since midterms 44 years ago.
High electricity demand from AI data center operations directly caused a decline in some chip stocks.
Similarly, the Israel-Iran conflict triggered an oil energy crisis, exacerbating US inflation, which in turn impacted the market economy and caused stock market volatility.
The Dow's rise last night sent a clear message to the market: the impact on people's livelihoods cannot be underestimated.
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