Democrats won both the House and Senate in the midterms, with AP projecting 54 Senate seats and 228 House seats, but Trump's veto and the lack of a filibuster-proof majority point to gridlock rather than sweeping legislation. In premarket trading reported by Reuters, clean-energy stocks rose sharply, with First Solar up 9.4%, Sunrun up 10% and Enphase up 7.6%, while Tesla fell 3.6%. Health insurers and hospitals also gained, the 10-year yield dropped about 6 basis points to roughly 4.9%, and gold rose above $4,000. Data-center and AI names face the most pressure as public opposition to nearby data centers rose from 28% to about half of Americans, and these premarket moves could reverse by the open.
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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