Asian stocks recovered almost all early losses Wednesday as concerns surrounding the global artificial intelligence trade eased.
Wall Street weighs how the 2026 midterms could affect stocks, Treasury yields, artificial intelligence, energy prices, banks, defense and healthcare.
Among all the market gyrations triggered by the US midterm elections, few were as wild as those in South Korea, where the stock benchmark swung through a seven-percentage-point range before ending higher.
Renewable energy stocks rallied around the world after the Democrats won control of both chambers of Congress in the US midterm elections, an outcome seen as supporting more favorable policy for the industry.
The dollar sank the most in two months as Democrats’ sweeping midterm elections win fueled concern about political gridlock and tougher tech regulation that could damp foreign demand for US assets.
Singapore’s equity benchmark Straits Times Index advanced in late trading, after briefly entering a technical correction, as broader sentiment improved even as heavyweight bank shares slide.
After elected officials voiced outrage over Google turning off search at schools that ban AI, the company said search can be turned back on with AI Overviews.
US Treasuries rallied as the Democrats swept to power in Congress, pointing to a political environment that may limit the Trump administration’s tax and spending plans.
When 25-year-old restaurant worker Navjot Singh wanted an iPhone he couldn’t afford on his monthly salary of 50,000 Indian rupees ($521), taking out a small loan made the purchase possible. A PlayStation and television set followed, along with loans for a wine and spirits course and a trip home.
Gold surged above $4,000 an ounce as the dollar and Treasury yields fell after Democrats swept the US midterm election, a result that could constrain President Donald Trump’s fiscal agenda.
US equity index futures rallied, reversing earlier losses, after the Democrats swept to power in Congress and President Donald Trump said he would accept the results, easing uncertainty and prompting investors to buy the recent dip in stocks.
"Enabling agents to work safely is a massive market opportunity for CrowdStrike," CrowdStrike CEO George Kurtz told CNBC's Jim Cramer.
Nancy Bass Wyden, whose grandfather founded the New York City bookstore, had signed off on the PPP, which was off-limits because she is a senator's wife.
AMD reported better-than-expected third-quarter results, driven by booming sales of AI chips
A Democratic sweep of Congress rippled across global markets, lifting stocks and Treasuries while sending the dollar lower as traders assessed what the results will mean for President Donald Trump’s agenda.
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Apple’s annual filing warns that AI agents could exceed permissions, resist instructions or take actions that are difficult to reverse.