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The impact of Democrats' sweeping victories in the 2026 midterm elections is already being felt in Washington. Follow live updates here.
Markets traded higher as investors foresaw gridlock in Washington, typically a bullish signal.
The prospect of political gridlock in Washington, D.C., will limit lawmakers' ability to pass sweeping tax and spending packages, according to Wall Street analysts.
The Dow Jones Industrial Average closed up more than 1,500 points on Wednesday, after midterm election results showed Democrats had taken control of the House and Senate.
