The results of Tuesday's election are still murky, but strategists are betting there will at least be a thin Republican majority in the House of Representatives to block any big Democratic spending programs. That would be viewed as a positive by markets, which generally view gridlock in Washington as a good thing and clearly prefer divided government to the current Democrat-controlled Congress.
As long as the Republicans control one body, and they could end up controlling two, every bill has to pass the House and Senate and Republicans will insist on certain reductions," said Block. Positive for energy Block said Fundstrat's analysts do see potential positive impacts on the energy and defense sectors. Republicans are expected to favor spending more on defense, and they would support legislation to speed up permitting for oil and gas firms.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
market would see Satan as a positive if it had a positive impact on its precious stocks. never mind what it means for the country.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. son ahora y eran antes una banda de mangantes, solo quieren el poder para poder chupar bien, si tienes algo de cerebro no lo dudes pasa de ellos, bota, bota, bota, idiota! When republicans take over congress and the stock market reacts positively. How are you going to spin that? Democrats who use 2 Diesel heating oil for their homes might want to switch their votes from 🔵 to red 🔴 so they don't freeze this winter. Biden's cutting of fossil fuels includes zero 2 Diesel oil for heating everyones homes...
Source: CNBC - 🏆 12. / 72 Read more »
Crypto Market Liquidations Hit $300 Million in Last 12 Hours, Bull Market Canceled?$FTT and $ETH are the two biggest liquidation providers on the market today, thanks to the FTX situation
Source: Utoday_en - 🏆 295. / 63 Read more »
Shiba Inu’s Market Cap Slips Below $6 Billion Amid Market BloodbathShiba Inu is struggling to buck the broader bearish trend, with its value now slipping below $6 billion That's not much compared to other currencies.
Source: Utoday_en - 🏆 295. / 63 Read more »
Stock Market Today: Stocks pare post-open gains as Americans head to the pollsMarketWatch Live: Stocks are on the rise as U.S. voters head to the polls Until the ballot dump at 2:00 am.
Source: MarketWatch - 🏆 3. / 97 Read more »