Democrats’ big midterm gains threaten Wall Street’s split-government hopes

Democrats’ big midterm gains threaten Wall Street’s split-government hopes

By Rodrigo Campos and Ira Iosebashvili

(Reuters) – A stronger-than-expected showing by Democrats in the U.S. midterm elections may force investors to rethink the split government scenario many had expected.

Democrats held onto control of the U.S. Senate, extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Republicans remain close to seizing control of the House of Representatives as officials continued counting ballots, with results expected…


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