Today we have received confirmation that the Democrats have taken full power after they won the runoff elections in Georgia. In addition, Biden has been officially recognized by Congress as the next US president. This means that Democrats will not be prevented from introducing a huge fiscal package for the economy, or direct subsidies to American citizens.
Indices such as the S&P 500, DJIA and Russell 2000 are opening at record highs. Nasdaq has yet to catch up after Monday's sale-off. Nevertheless, one can see that no one on Wall Street today cares about the threat of higher taxes. Source: xStation5
Chart of the Day: Nasdaq 100 Slips Into Correction 📉 AI Rally Loses Steam - What’s Next for US100? (03.11.2026)
Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)
Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥
US Midterms preview
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.