The Democratic Party's victory in the U.S. election has led to a decline in the dollar and a drop in stock index futures, prompting investors to increase demand for U.S. Treasury bonds.
With Democrats securing majorities in both the Senate and the House of Representatives, market participants are expressing concerns over tighter regulation of the technology sector, particularly in the field of artificial intelligence.
S&P 500 futures fell 0.5%, while Nasdaq futures declined 0.9%. The U.S. Dollar Index retreated by 0.3%.
Meanwhile, U.S. Treasuries and gold attracted strong investor interest. Market expectations suggest that a Democratic-led Congress may constrain further expansion of government spending under President Trump.
The Democratic Party’s wins in Texas and Kansas drew particular attention, as neither state has seen a Democratic senator elected in decades.
In the House of Representatives, Democrats secured 224 seats—exceeding the 218 needed to gain control. In the Senate, Democrats currently hold 53 seats, compared to 42 for Republicans, with vote counting still ongoing.
The party also claimed victories in several gubernatorial races across multiple states.
Following his electoral loss, Trump acknowledged that tensions with Iran had contributed to higher gasoline prices.
Original source: toutiao.com/article/1880913381690378/
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