Thursday, 8 November 2018

Markets rise after US elections leave Congress divided

Markets were mostly higher on Wednesday.

The S&P 500 surged 2.1 percent and the STOXX Europe 600 rose 1.1 percent but the Nikkei 225 fell 0.3 percent.

US stocks rose after midterm election results showed the Democratic party gaining control of the House of Representatives even as the Republican party strengthened its grip on the Senate, leaving a divided Congress.

Mark Decambre at MarketWatch looked at the ways that the election results may affect markets.

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