Democrats Seize US Congress in Historic Rebuke of Trump Amid Cost-of-Living and Iran War Anger

Global markets reacted with caution following the US midterm elections, as the Democratic Party secured control of Congress in a decisive victory over the Republicans. This outcome represents a significant political shift, with polls indicating that voter anger regarding the cost-of-living crisis was a primary driver of the result. This economic frustration was compounded by President Donald Trump's decision to launch a war against Iran, a move that further fueled public dissatisfaction and contributed to the Democrats' historic win. In the wake of these results, investors adjusted their portfolios, shunning AI stocks and turning toward government bonds on Wednesday. Meanwhile, oil prices ticked slightly higher, reflecting ongoing uncertainty regarding the direction of the US President's war against Iran. The election results have left President Trump facing intensified scrutiny as he navigates a new political landscape defined by these dual pressures of economic hardship and foreign policy conflict. #NexSouk #AIForGood #EthicalAI #USMidterms #GlobalMarkets **References** 1. https://timesofindia.indiatimes.com/world/us/us-mid-term-elections/news/trump-celebrates-early-republican-gains-in-guam-says-hopefully-thats-an-indication-for-us-midterms/articleshow/135510561.cms 2. https://www.france24.com/en/americas/20261104-why-the-democrats-routed-republicans-us-midterm-elections 3. https://www.straitstimes.com/world/united-states/us-midterms-democrats-seize-congress-in-thundering-midterm-rebuke-of-trump 4. https://www.france24.com/en/tv-shows/business/20261104-markets-react-with-caution-to-democrats-victory-in-us-midterms **Political Bias Index** Green (Neutral)