The Democratic Party has taken control of both houses, and global capital markets are generally warming up

Nov 4, 2026 13:56:23

As the Democratic Party secured control of both houses in the midterm elections, this news, which was previously expected to be bearish by the market, has largely settled. The decline in global mainstream capital markets has shown improvement, with some markets turning to an upward trend. The three major U.S. stock index futures rose, with the Nasdaq 100 index futures narrowing their decline to 0.4%, having previously dropped over 2.2%. The S&P 500 index futures are currently down 0.43%, and the Dow futures are down 0.24%. Bitcoin rebounded, breaking through $78,000, currently reported at $78,006, while Ethereum also rebounded, breaking through $2,300, currently reported at $2,301.

The Hong Kong Hang Seng Tech Index strengthened in the afternoon, with Semiconductor Manufacturing International Corporation leading the constituent stocks, and the Hang Seng Index is currently up 0.81%. The A-share Sci-Tech Innovation 50 Index rose over 5% in the afternoon, the ChiNext Index rose over 4%, Northern Huachuang and Tuojing Technology rose over 10%, and several Sci-Tech semiconductor ETFs rose over 10%, with semiconductor equipment ETFs such as Guangfa reaching the daily limit. The South Korean KOSPI Index turned positive, erasing a previous decline of up to 4%. Spot gold's daily increase expanded to 1%, breaking through $3,970 per ounce, while spot silver rose over 2% during the day, currently reported at $50.79 per ounce.

Recent Fundraising

More
Nov 3
$3.5MNov 3
$12MNov 2

New Tokens

More
Dec 31
Dec 31
SSaturnSTRN
Dec 31

Latest Updates on 𝕏

More