LIVE: Wall Street crashes and rebounds after Democrats snatch US House and Senate in historic midterms election
Democrats have won control of both the House and Senate, alongside major gubernatorial victories, including Texas. Trump has accepted the election results and says Republicans will work with
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AnonymousCryptoCompass newsroom
November 4, 2026
1 min read
NEWS
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Democrats have won control of both the House and Senate, alongside major gubernatorial victories, including Texas.
Trump has accepted the election results and says Republicans will work with Democrats, despite tensions over tariffs and the Iran war.
Dow futures surged 912 points, or 1.75%, while S&P 500 futures gained 0.8%. Nasdaq-100 futures lagged as AI stocks weakened.
Crypto stocks are mixed. Coinbase jumped 5.53%, Circle 4.36%, Strategy 3.72%, and Robinhood 2.19%, while Block, PayPal, and MercadoLibre fell.
Coinbase has completed the process of establishing its federally chartered national trust company, moving its institutional digital asset custody business under direct supervision of the U.S.
Meta aims to reduce the costs of operating AI agents. On November 9, the company released Muse Ember, a lightweight model that would perform the repetitive tasks that keep AI agents occupied.
Strategy purchased another 1,036 bitcoin for $81.9 million between November 2 and November 8, lifting its holdings to 850,364 BTC, while directing more than twice that amount toward repurchas