World
US markets rise as Democrats sweep midterm elections
Nasdaq, Dow, and S&P 500 open higher after Democrats take control and Trump accepts results.
Al Jazeera•
US markets are trending upwards after Democrats swept the midterm elections, taking control of both the House and Senate on Tuesday.
The Nasdaq opened on Wednesday up 1 percent, the Dow Jones Industrial Average up 1.8 percent and the S&P 500 up 1.1 percent as markets opened at 9:30am ET (14:30GMT).
Retailers that rely on imports, such as Walmart and Target, are up 1.3 percent and 3.3 percent, respectively, amid possible changes in tariff policy.
For companies involved in the artificial intelligence (AI) buildout, the outlook is different as the Democrats have been more critical of the sector.