Democratic Sweep of Congress Weighs on Dollar and Treasuries as US Stock Futures Rebound

Summary

A Democratic sweep of Congress rippled across global markets, with stocks fluctuating while the dollar fell and Treasuries gained on bets the outcome will put the brakes on President Donald Trump's agenda. Futures for the S&P 500 rose 0.2% and those for the Nasdaq 100 gained 0.3%, after both fell earlier before buyers stepped in. The dollar weakened against major peers, and 10-year Treasury yields fell three basis points to 4.93%. Europe's Stoxx 600 climbed 0.6%, while a gauge for Asian equities was little changed.

Timeline

1. Bloomberg

   4 Nov 2026, 12:00 UTCSource ↗

   Bloomberg reports that a Democratic sweep of Congress rippled across global markets, with US stock futures rebounding, the dollar weakening and 10-year Treasury yields falling to 4.93% on bets the outcome will curb Trump's agenda.