Democrats sweep US midterms, lifting stocks, Bitcoin and gold

Briefing by News4U · First published

US stocks rose after Democrats flipped seven Senate and 25 House seats in the midterm elections, with the S&P 500 up 1.1%, the Dow Jones up 1.9% and the Nasdaq up 1.1% at the open; Bitcoin climbed above $80,000, gold extended gains above $4,100, Treasury yields fell to eight-week lows and oil prices dropped as much as 11.9% for the week. [1] [2] [3] [4] [5]

Sources

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

    SCMP Business · · Summary only

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

    Cointelegraph · · Full text

  3. Gold Extends Rebound Above $4,100 as Dollar and Yields Decline

    Bloomberg · · Summary only

  4. U.S. Treasury Yields Fall to Eight-Week Lows as Markets Digest Midterm Results

    WSJ Markets · · Summary only

  5. Dow scores its best day in 18 months in a broad relief rally after Democrats sweep to power in Congress

    MarketWatch · · Summary only

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