International Desk: Global markets recovered after an initial decline on Wednesday following Democratic victories in both chambers of the US Congress in the 2026 midterm elections, Reuters reported on 4 November.
Investors were assessing the potential for tighter scrutiny of artificial intelligence investment, fiscal gridlock and shifts in US policy towards the Iran conflict. Global shares and European equities rose, while the dollar weakened against several currencies.
The initial market reaction is not a forecast of future legislation or economic performance. Energy prices remained volatile amid geopolitical risks.
Source: Reuters, 4 November 2026. Featured photograph is illustrative.