Florida governor Ron DeSantis called Democratic wins in the midterms ‘close to an extinction-level event for Republicans’
Wall Street surged at the open, after Democrats scored historic victories in midterm elections and secured control of US Congress.
The Dow Jones rose 2%, while the tech-heavy Nasdaq and the benchmark S&P 500 both gained more than 1%. That’s quite a reversal: Overnight, stock futures fell sharply as investors worried about the prospect of tougher regulation of the AI sector and the impact on economic growth.
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