Many markets around the world have curtailed the decline caused by the Democratic Party's sweeping the US Congress. On the one hand, investors are weighing the possibility that President Trump's policies may face stricter scrutiny, and on the other hand, they are also considering the restrictions that congressmen will face in reshaping their agendas. Asian tech stocks and the dollar were initially under pressure, while US Treasury bonds rose as Washington could fall into a political impasse, prompting investors to reconsider deals around Trump's efforts to regulate, cut taxes, and promote the rapid expansion of AI. Under the control of the Democratic Party, Congress may strengthen supervision of data center construction and challenge part of Trump's economic agenda. However, Trump has veto power, which will limit the ability of Congress to push for major policy adjustments, thereby also helping the South Korean stock market recover lost ground.

Zhitongcaijing · 1d ago
Many markets around the world have curtailed the decline caused by the Democratic Party's sweeping the US Congress. On the one hand, investors are weighing the possibility that President Trump's policies may face stricter scrutiny, and on the other hand, they are also considering the restrictions that congressmen will face in reshaping their agendas. Asian tech stocks and the dollar were initially under pressure, while US Treasury bonds rose as Washington could fall into a political impasse, prompting investors to reconsider deals around Trump's efforts to regulate, cut taxes, and promote the rapid expansion of AI. Under the control of the Democratic Party, Congress may strengthen supervision of data center construction and challenge part of Trump's economic agenda. However, Trump has veto power, which will limit the ability of Congress to push for major policy adjustments, thereby also helping the South Korean stock market recover lost ground.