Stocks, Bonds Fluctuate After Democrats Win Control of US Congress
Channel: Bloomberg Television
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Read a transcript preview of “Stocks, Bonds Fluctuate After Democrats Win Control of US Congress” from Bloomberg Television, uploaded on 2026-11-04.
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Language: English (creator captions)
[0:13] I think we just made some history. We just took back Texas.
[0:20] Tonight, Iowa. We outvoted the billionaires.
[0:24] Mr. president, I want you to hear from
[0:26] Florida that we are still red. Tonight, the voters folk and I respect
[0:31] their decision. You've declared loud and clear that you
[0:34] won't wait no longer for a new chapter that restores the voice of the people.
[0:41] We as conservatives have work to do. And that work starts tonight.
[0:47] America is back. Wednesday the fourth.
[0:54] Good morning folks. It is the morning after the night before
[0:58] and boy has it been an exciting night. 5 a.m.
[1:00] in New York right now. 10:00 Am here in London.
[1:03] This is your Bloomberg brief. Let's get you set up for what you need
[1:06] to know for the day ahead. The Democrats have won big, flipping at
[1:11] least seven seats in the Senate. They've taken control of both chambers.
[1:15] After the initial slump, though, stock futures have really turned around and
[1:19] now firmly in the green. The dip has been bought.
[1:22] Treasuries are also catching a bit ahead of a big refunding announcement from
[1:26] Scott Besson. Could be the biggest revamp in guidance
[1:29] that we've seen from the Treasury in years.
[1:32] Let's start off the markets. Let's talk about what we see.
[1:34] Wow, what a round trip it has been. This is the picture with us futures
[1:38] overnight. We get a big dip.
[1:40] Then we get the buying. Come in.
[1:41] Now is it technical buying to get to oversold levels.
[1:44] Maybe that's a factor. But as you can see we have really turned
[1:47] things around overnight as we come towards the start of the US sessi