How will the US midterms affect Australian markets?

Economy The Guardian By Jonathan Barrett Business editor 30 Oct 2026 23:00 1 min read
How will the US midterms affect Australian markets?

Polling suggests Republicans’ chances of retaining both houses have waned. Here’s how the vote could steer demand for renewables, deflate AI stocks and spark volatility Get our breaking news email, free app or daily news podcast Donald Trump’s fight to retain control of Congress in the 3 November US midterms will carry direct consequences for Australian markets, whatever the outcome. Democrats must flip four seats in both the House of Representatives and Senate to overturn narrow Republican ma

Democrats must flip four seats in both the House of Representatives and Senate to overturn narrow Republican majorities. Polls favour the Democrats to reclaim the house, but the Senate contest is too close to call.

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