Democrats Secure Senate Majority, Near House Majority as Markets Eye Iran War and AI Policy
Democrats secured a Senate majority and a near-majority in the House, while investors on Wall Street monitored the fallout from the Iran conflict and AI-related policy debates. Analysts cited by Reuters said a Democratic win could lift clean-energy, housing and healthcare stocks, but AI, data-center and defense firms might face heightened scrutiny. CNBC reported that Democratic control would give the party new oversight powers over major U.
S. companies, while President Donald Trump would retain veto authority and control of key executive functions. Moneycontrol noted that investors were bracing for volatility in equities and bonds ahead of the midterms, anticipating possible shifts in AI regulation, defence spending and cryptocurrency policy.
