The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Global markets rise as Democrats win US midterms; Asian shares trade mixed

News Snapshot:

Global stock markets traded mostly higher on Wednesday after the US midterm elections gave the Democratic Party majorities in both the House of Representatives and the Senate. The results are expected to bring greater resistance to President Donald Trump's policies, while investors continue to keep a close watch on technology stocks and developments around artificial intelligence (AI), reported AP.US stock futures also moved higher, with the futures for the S&P 500 gaining 0.2% and those for the Dow Jones Industrial Average rising 0.4%. Oil prices, meanwhile, retreated.advertisementRead Full StoryThe election results marked a setback for Republican governance and are likely…

Other China Tech Buzz: