• 10 things you need to know before the opening bell

    8 days ago - By Business Insider

    Here is what you need to know.
    The Democrats take the House, and the Republicans hold the Senate. As of 4:50 a.m. ET on Wednesday, the Democrats held 219 House seats , and the Republicans held 51 Senate seats (50 needed for a majority counting a tiebreaker from the vice president) with several seats in both chambers still up for grabs, according to the Associated Press.
    Nancy Pelosi signals Democrats won't move to impeach Trump. "I get criticized in my own party for not being in support of it," the House minority leader told PBS' Judy Woodruff. "But I'm not. If that happens, it would have...
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  • U.S. futures extend gains as investors take split Congress in stride

    U.S. futures extend gains as investors take split Congress in stride

    8 days ago - By Reuters

    U.S. stock futures pointed to strong opening gains for Wall Street on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    8 days ago - By Business Insider

    Here is what you need to know.
    The Democrats take the House and the Republicans hold the Senate. As of 4:50 a.m. ET, the Democrats held 219 House seats and the Republicans held 51 Senate seats with several seats in both chambers still up for grabs, according to the Associated Press.
    Nancy Pelosi signals Democrats won't move to impeach Trump. "I get criticized in my own party for not being in support of it," the House minority leader told PBS' Judy Woodruff. "But I'm not. If that happens, it would have to be bipartisan, and the evidence would have to be so conclusive."
    Stocks are rallying...
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  • Midterm key takeaways: Trump's message flops, and Democrats set the stage for 2020

    Midterm key takeaways: Trump's message flops, and Democrats set the stage for 2020

    8 days ago - By Business Insider

    The 2018 midterm elections on Tuesday gave Democrats control of the House of Representatives and a powerful check against President Donald Trump's legislative agenda.
    Democrats also won key governorships that will allow them to control district maps before the 2020 presidential election.
    Trump faced a fairly standard midterm correction, as presidents normally lose legislative seats in a midterm election.
    But exit polling shows strongly that voters rejected or didn't care much about Trump's messaging, despite its media prominence.
    Instead, healthcare, not immigration or the economy, emerged...
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  • Democratic House, Iran Pushback, HSBC Hack: CEO Daily for November 7, 2018

    8 days ago - By Fortune

    Good morning. David Meyer here, filling in for Alan from Berlin.
    The 2018 midterms provided something for everyone. The Democrats resoundingly took the House , putting an end to four years of Republican-controlled Congress. The Republicans grew their Senate majority. President Trump was not engulfed in a massive blue wave-notably, progressive hopefuls Beto O'Rourke and Andrew Gillum lost out-but Trump didn't win anything like a clear endorsement from the voting populace either.
    Here's what we can say with confidence now:
    Trump's existing victories are likely safe for the next couple years...
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  • Wall Street set for solid open after US midterm results

    8 days ago - By Chron

    LONDON - Wall Street is set to open higher Wednesday after the U.S. midterm elections showed the Democrats winning control of the House of Representatives and the Republicans keeping a majority in the Senate.
    Though the election results increase the potential for political gridlock in Washington, traders were mostly expecting this outcome, so markets have not been as volatile as after other political events, such as the 2016 presidential vote.
    "One thing is for sure - the cloud of uncertainty from the last few weeks has lifted," said Mike Read, founder of social trading platform Pelican...
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  • Treasury yields fall as the midterms result in a split Congress; Fed gathers for two-day meeting

    8 days ago - By CNBC

    U.S. government debt prices rose on Wednesday as midterm election results came in line with expectations, seeing the Democrats taking control of the House of Representatives and splitting Congress.
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  • Midterms: Democrats Take House; GOP Strengthens Hold on Senate

    8 days ago - By Fortune

    The Democratic Party has retaken the House of Representatives after eight years of Republican control. Yet the 2018 midterms did not provide the outright blue wave that some predicted.
    At the time of writing on Wednesday morning, with 412 of 435 House races called, the Democrats had turned a 45-seat deficit into a seven-seat majority. With 31 of 35 Senate races called, meanwhile, the Republicans had strengthened their majority in the upper house from two seats to six.
    The upshot is that there is now a branch of government that will seek to push back against the policies and impulses of...
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