THE AI TRADE SPLITS IN TWO - A Democratic Sweep Sparks a Rally, but Data-Center Stocks Face New Risks
@DoTrading:
Senate & House WALL STREET WELCOMES POLITICAL CLARITY The midterm elections delivered a sweeping victory for Democrats, who secured control of both chambers of Congress. Yet rather than triggering a broad selloff, the result helped fuel a relief rally on Wednesday morning. Investors appear to be betting that divided government could limit the scope of major policy changes. Democrats may be able to obstruct President Trump’s legislative agenda, but advancing their own priorities could prove equally difficult. JPMorgan strategists described the outcome as a potential “clearing event,” giving markets an opportunity to look beyond the political uncertainty that had been building ahead of the vote. The initial reaction was dramatic: stock futures reversed overnight losses and moved sharply