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Friday, November 6, 2026
Wall Street reassesses oil, gold and interest rates after Democratic midterm sweep

Wall Street reassesses oil, gold and interest rates after Democratic midterm sweep

The Democratic victory in the 2026 US midterm elections has triggered a striking repricing across global markets. On November 4, the Dow Jones Industrial Average gained about 3%, the S&P 500 rose 1.6% and the Nasdaq advanced 1.4%. Gold recovered above $4,000 an ounce, while crude oil fell nearly 9% in one session. The moves link political change with inflation, interest rates and energy security.

Apple, Meta, Musk's firms may face Democratic probes

Apple, Meta, Musk's firms may face Democratic probes

Democrats are preparing investigations into US companies that cultivated ties with the Trump administration over the past two years, including Meta, Apple, and Elon Musk's companies, The Washington Post reported Friday, citing people familiar with the plans.

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