• What do the Midterm Results Mean for Markets?

    9 days ago - By Ameriprise

    The midterm election has produced a divided government, as the Democratic party won back control of the House of Representatives, while Republicans retained control of the Senate. The next two years in Washington promise to be quite different from the past two.
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  • All You Should Know About Impeachment

    9 days ago - By Fortune

    Impeachment talk was kept mostly to a whisper during President Donald Trump's first two years in office. It may grow louder as opposition Democrats take control of the U.S. House of Representatives, where the formal charges known as articles of impeachment originate. But Democratic leaders haven't been ready to suggest that Trump committed the “high crimes and misdemeanors” that would warrant an attempt to remove him from office.
    1. Will House Democrats propose impeaching Trump?
    A handful have already done so, offering resolutions alleging that Trump committed offenses warranting removal...
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  • Trump Ignores House Loss to Hail Senate Gains as ‘Big Win'

    9 days ago - By Fortune

    President Donald Trump ignored the Democratic takeover of the U.S. House to promote Republican gains in the Senate as his victory.
    "Those that worked with me in this incredible Midterm Election, embracing certain policies and principles, did very well," Trump said in a tweet Wednesday morning. "Those that did not, say goodbye! Yesterday was such a very Big Win, and all under the pressure of a Nasty and Hostile Media!"
    Democrats won the House and flipped several governor seats by riding a surge of voter anger and discontent with Trump in suburban enclaves. Democrats' victory in the House...
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  • Stock Investors Are Watching These 6 Sectors After Midterms

    9 days ago - By Fortune

    Equity investors are eyeing six key sectors after the midterm elections resulted in the Democrats seizing control of the House of Representatives, while Republicans maintained control of the Senate.
    While S&P 500 futures edged higher, here are the sectors most likely to see moves:
    Pharmaceutical and biotechnology stocks may gain if the stalemate takes away the threat of drug pricing restrictions, analysts have said. They forecast that industrials would continue to languish under a divided government as a major spending package would be unlikley. Technology stock investors can expect more...
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  • A Green party candidate may have ruined Democrat's chances to pick up a key Senate seat in Arizona

    A Green party candidate may have ruined Democrat's chances to pick up a key Senate seat in Arizona

    9 days ago - By Business Insider

    The Green party may have ruined Democrat's changes to gain a US Senate seat in Arizona.
    The party's candidate received more votes than the margin between the Republican winner, Martha McSally, and the Democratic loser, Kyrsten Sinema.
    There's not guarantee that those voters would have otherwise voted for Democrats, but Sinema used to be a Green party official.
    A Green party candidate may have foiled the Democratic party's chances to pick up a hotly contested Senate seat in Arizona.
    With more than 99% of precincts reporting, Republican candidate Martha McSally appears to have won the race...
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  • An Afghan refugee who fled the Taliban was voted into New Hampshire's House of Representatives

    An Afghan refugee who fled the Taliban was voted into New Hampshire's House of Representatives

    9 days ago - By Business Insider

    Democrat Safiya Wazir, 27, defeated Republican Dennis Soucy for a seat in New Hampshire's House of Representatives in Tuesday's Midterm elections .
    The mother-of-two escaped Afghanistan as a child and lived in a Uzbekistan refugee camp for ten years before relocating to Concord, New Hampshire, in 2007.
    She is the first former refugee to win a seat in the state legislature.
    An Afghan woman who fled the Taliban was voted into New Hampshire's House of Representatives on Tuesday.
    Democrat Safiya Wazir, 27, is the first former refugee to win a seat in the state legislature after defeating...
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  • The Dow jumps more than 250 points after Democrats take House, Republicans strengthen Senate majority

    The Dow jumps more than 250 points after Democrats take House, Republicans strengthen Senate majority

    9 days ago - By Business Insider

    Stocks rose Wednesday following the 2018 midterm elections .
    Democrats captured control of the House, while Republicans expanded their Senate majority.
    Follow US stocks in real time here.
    Stocks rose Wednesday following the 2018 midterm elections that shifted the balance of power in Washington, with Wall Street preparing for the possibility of legislative obstacles within a divided Congress.
    The Dow Jones Industrial Average jumped 1%, or more than 250 points, and the Nasdaq Composite rose 1.2%. The S&P 500 was up 1.1%. Democrats took control of the House early Wednesday morning, gaining...
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