US stocks rally as traders welcome post-midterm election certainty

standard.co.uk —

US stocks rallied Wednesday as traders welcomed post-midterm election certainty, with the S&P 500 rising over 1.5% and the UK's FTSE 100 surging nearly 2%. Experts noted US stocks typically jump after midterms regardless of outcome, citing reduced uncertainty and Donald Trump not contesting the result. However, Democratic gains could threaten data centre construction, hitting shares in Tesla, SpaceX, CoreWeave and Nvidia. Conversely, Amazon and Microsoft shares jumped over 6%, as investors weighed sector-specific impacts from the new political landscape.


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