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11-07-2018, 04:40 PM
GLOBAL MARKETS-Stocks rise after U.S. vote splits power; dollar slips

Most major stock markets rose on Wednesday, led by a strong rally on Wall Street, after the outcome of the U.S. midterm congressional elections drove expectations of political gridlock in Washington, boosting risk assets and weighing on the dollar. Tuesday's vote delivered a split U.S. Congress, with Democrats seizing control of the House of Representatives and Republicans strengthening their majority in the Senate. U.S. oil prices fell after U.S. crude output hit another record high.

https://finance.yahoo.com/news/global-markets-stocks-rise-u-221957463.html?.tsrc=rss