US stock markets and government bonds rally while dollar falls after Democrats secure Congress – as it happened
The Guardian's business live blog records markets rallying worldwide after Democrats won the 2026 midterms and took Congress: Wall Street and European stocks surged, bond yields fell, the dollar slid, gold jumped, and Brent crude dropped, while defence stocks and AI names like CoreWeave tanked on regulation fears. Analysts at Killik & Co, Morningstar, ActivTrades, Deutsche Bank and Verisk Maplecroft expect gridlock rather than sweeping change, with datacentre and AI investment facing tighter scrutiny and Trump's Pentagon budget more congressional resistance.
