Stocks Rise as Democrats Flip Control of Congress
Global markets initially fell as early results came in from the midterm elections, then reversed course and traded higher as investors weighed the policy outlook. The shift came as the balance of power in Washington changed sharply, with Democrats flipping control of Congress.
Stocks rose as markets assessed what the new political landscape could mean going forward.
Source: The New York Times — Stocks Rise as Democrats Flip Control of Congress. Also reported by CBS News, Newsweek, Fox News, The Wall Street Journal, NBC News.
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