US stocks and bonds rose while the dollar weakened the most in two months after Democrats swept Congress in the midterms. The S&P 500 climbed 1.1%, with smaller companies up about 2%, as Treasury yields fell across the curve. Gold topped $4,000 and oil slipped. Investors bet growth drivers, including consumer spending and the AI boom, would stay intact.
US stocks and bonds rise as dollar falls after Democratic midterm sweep
Source: Moneycontrol