{"id":8045,"date":"2026-11-04T05:47:16","date_gmt":"2026-11-04T05:47:16","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=8045"},"modified":"2026-11-04T05:47:16","modified_gmt":"2026-11-04T05:47:16","slug":"us-stock-futures-fall-amid-key-democratic-midterm-election-wins","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=8045","title":{"rendered":"US stock futures fall amid key Democratic midterm election wins"},"content":{"rendered":"
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Robert Wolf, a former economic advisor to Obama, and Steve Cortes, a former Trump campaign advisor, discuss the midterm election’s impact on Wall Street.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
U.S. stock futures fell sharply as Democrats scored key victories in the midterm elections and the Fox News Decision Desk projected the party will take control of both chambers of Congress.<\/p>\n
S&P 500 futures fell 1.3%, while Nasdaq-100 futures dropped 2.2%. Futures tied to the Dow Jones Industrial Average slid 0.8%.<\/p>\n
The Fox News Decision Desk projected Democrats will control the House of Representatives<\/u> and gain control of the U.S. Senate after victories in key congressional races across the country.<\/p>\n
WHAT THE MIDTERM ELECTIONS COULD MEAN FOR MARKETS, DEBT<\/strong><\/p>\n
A voter marks their ballot in the Kern County Elections Office on Nov. 3, 2026, in Bakersfield, Calif.\u00a0<\/span> (Mario Tama\/Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
The results added to uncertainty on Wall Street as investors weighed what a shift in Washington\u2019s balance of power could mean for taxes, government spending, artificial intelligence, Big Tech, defense, health care, banking and cryptocurrency regulation.<\/p>\n
“Markets appear to be pricing in the possibility of a stronger-than-expected Democratic showing, which could reduce expectations for further fiscal stimulus,” Charu Chanana, chief investment strategist at Saxo in Singapore, told Reuters.<\/p>\n
Historically, shifts in congressional control have not derailed stocks. The S&P 500 rose through year-end in five of eight midterm cycles since 1930 when the president’s party lost the House, according to Ned Davis Research.<\/p>\n
LARRY KUDLOW: THE SOCIALIST DEMOCRATS WILL SPEND PLENTY IF THEY WIN, BUT PRESIDENT TRUMP WILL VETO ALL OF IT<\/strong><\/p>\n
Voters cast their ballots on Election Day at the Cross Insurance Center polling location on Nov. 3, 2026, in Bangor, Maine.\u00a0<\/span> (Joe Raedle\/Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
Prediction markets had increasingly pointed to Democratic control of both chambers as election results rolled in, with more than $1.48 billion wagered on the midterm elections.<\/p>\n
Chanana said investors may be concerned that Democratic control of Congress could bring greater regulatory scrutiny of AI and Big Tech, particularly as investors question lofty valuations and rising AI-related spending.<\/p>\n
“However, lower Treasury yields could eventually provide some relief, so the initial selloff may not necessarily be sustained,” she said.<\/p>\n
The benchmark 10-year Treasury yield fell 6 basis points to 4.906%.<\/p>\n
AFFORDABILITY TAKES CENTER STAGE AS AMERICANS CAST THEIR BALLOTS IN HIGH-STAKES MIDTERMS<\/strong><\/p>\n
Kalshi billboards displaying U.S. Senate midterm election odds in Times Square in New York Nov. 2, 2026.\u00a0<\/span> (Angelina Katsanis\/Bloomberg via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n
The U.S. dollar also weakened. The euro and British pound both gained against the dollar, while the dollar index fell 0.32%.<\/p>\n
CLICK HERE TO GET FOX BUSINESS ON THE GO<\/u><\/strong><\/p>\n
Markets overseas also moved lower. Japan’s Nikkei fell 3%, South Korea’s KOSPI dropped 1.6% and a broad index of Asia-Pacific stocks outside Japan declined 0.5%.<\/p>\n
FOX Business’ Eric Revell and Reuters contributed to this report.<\/i><\/p>\n<\/div>\n
Robert Wolf, a former economic… <\/p>\n","protected":false},"author":1,"featured_media":8046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2951,4847,163,1496,2559,1017,91,1326],"class_list":["post-8045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-democratic","tag-election","tag-fall","tag-futures","tag-key","tag-midterm","tag-stock","tag-wins"],"yoast_head":"\n
![\"Voters](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/11\/931\/523\/voter-midterms-1.jpg?ve=1&tl=1\")
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<\/source><\/source><\/source><\/source><\/picture><\/div>\n![\"Kalshi](\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/11\/931\/523\/kalshi-house-senate-midterms.jpg?ve=1&tl=1\")
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