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
- Democrats’ midterm triumph sends US stocks soaring, but Tesla, SpaceX fall
SCMP Business · · Summary only
- Bitcoin hits $80.5K as US stocks rally on midterm election results
Cointelegraph · · Full text
- Gold Extends Rebound Above $4,100 as Dollar and Yields Decline
Bloomberg · · Summary only
- U.S. Treasury Yields Fall to Eight-Week Lows as Markets Digest Midterm Results
WSJ Markets · · Summary only
- Dow scores its best day in 18 months in a broad relief rally after Democrats sweep to power in Congress
MarketWatch · · Summary only