Democrats won sweeping victories in the U.S. midterm elections, flipping key Republican-held seats and projected to gain control of both chambers of Congress. In Texas, James Talarico defeated Ken Paxton to become the state's first Democratic senator since 1988, while Gina Hinojosa unseated Gov. Greg Abbott. In North Carolina, Roy Cooper flipped a Senate seat, while in Georgia Jon Ossoff won reelection and Keisha Lance Bottoms became the first Black woman elected governor of a U.S. state. In Ohio, Sherrod Brown defeated incumbent Sen. Jon Husted. The article describes the results as a referendum on Trump's second term, with voters concerned about cost of living, inflation and the war in Iran.
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midterm electionsDemocratic PartyDonald Trumpinflationcost of living
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• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
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