Global Stocks Rally and Dollar Dips After Democrats’ Midterm Victory
Global stocks recovered from overnight lows and the dollar dipped after Democrats won control of both chambers of Congress. The report said the outcome fueled fears of increased scrutiny of the AI sector.
By Amanda CooperGlobal stocks recovered on Wednesday from lows hit overnight, while the dollar dipped, after Democrats won control of both the Senate and the House in the US midterm elections, which has fuelled fears that rapid AI sector growth could be hamstrung by regulatory scrutiny.In a major s…