EconomyUS midterm blue wave jolts Asian markets as AI and fiscal scrutiny tightens

The Democrats’ comprehensive midterm victory jolted Asian stocks, bonds and commodities as investors anticipated closer congressional scrutiny of the AI industry and government spending. Regional stocks ended mixed on Wednesday, while US Treasury yields fell on hopes a Democratic-controlled Congress could restrict debt issuance.

Asian marketsUS midtermsAI regulationUS Treasury yields

SSouth China Morning Post★★★☆☆2026-11-04 09:43Original