Investors bet a Democratic midterm sweep will empower moderates in Washington
Summary
Investors expect a Democratic sweep in the US midterm elections to empower moderates in Washington and restrain the sway of extremes in American politics, according to the Financial Times. A second Financial Times article reports that European stocks have overtaken Wall Street this year, with the Stoxx Europe 600 index ahead of the S&P 500 as US stocks tumble following the Democratic sweep. Both accounts are based only on the articles' headlines and summaries, as full text was not available.
Timeline
Financial Times
Source ↗Wall Street bets that a Democratic sweep in the midterm elections will empower moderates in Washington, with investors expecting the vote to restrain the sway of extremes in American politics.
Financial Times
Source ↗European stocks have overtaken Wall Street, with the Stoxx Europe 600 index ahead of the S&P 500 for this year as US stocks tumble after the Democratic sweep.
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