US stock futures rise after Democrats win midterm elections
US stock futures rose Wednesday after Democrats won control of both houses of Congress in the US midterm elections, a result investors view as a potential setback for equities and the dollar due to prospects of stricter regulatory scrutiny. Projections show Democrats holding 54 Senate seats to 42 for Republicans, and a 219-132 advantage in the House. The party also won several state governorships, representing a rejection of President Donald Trump's administration, though final results may take days. Investors anticipate tighter regulation of high-growth technology and artificial intelligence companies under Democratic control. European and Asian markets showed mixed reactions, while oil prices rose as markets awaited Washington's next move regarding Iran.