Markets brace for turmoil, S&P 500 surge after Democratic sweep
Markets face days of turmoil after Donald Trump lost Congress, followed by an S&P 500 surge, according to the CEO of deVere Group, a leading independent financial advisory. Democrats swept both chambers in Tuesday’s midterm elections, flipping six Republican-held Senate seats including Texas, South Carolina and Iowa. “Nobody on Wall Street was positioned for a wave this big, so there’ll be some rough sessions ahead, and AI stocks will take the worst of it,” said deVere’s Nigel Green. “Once the shock’s absorbed, investors are left with a Congress and a White House that can block each other…
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