Democrats sweep US midterms, lifting stocks, Bitcoin and gold while oil falls

Briefing by News4U · First published 2026-11-05 00:51:35 UTC

US stocks rose after Democrats flipped seven Senate and 25 House seats in the midterm elections, with the S&P 500 opening 1.1% higher, the Dow Jones up 1.9% and the Nasdaq Composite gaining 1.1%. Bitcoin climbed above $80,000, up more than 4%, while gold held above $4,000. Oil prices fell, with WTI crude dropping below $93 per barrel. Asian stocks also advanced. [1] [2] [3] [4]

Sources

1. Democrats’ midterm triumph sends US stocks soaring, but Tesla, SpaceX fall

   SCMP Business · 2026-11-04 15:06:38 UTC · Summary only

2. Bitcoin hits $80.5K as US stocks rally on midterm election results

   Cointelegraph · 2026-11-04 15:29:23 UTC · Full text

3. Asian Stocks Rise as Oil Slides After US Election: Markets Wrap

   Bloomberg · 2026-11-04 22:15:04 UTC · Summary only

4. Gold Holds Above $4,000 as Dollar, Yields Fall on Midterm Result

   Bloomberg · 2026-11-04 23:58:33 UTC · Summary only

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