November 4, 2026

The Democratic Party prevailed over the Republican Party in the United States midterm elections

International

In the United States, midterm elections were held yesterday, with the Democrats prevailing over the Republicans and gaining control of both chambers of Congress.

Major U.S. stock indices showed mixed performance during the second trading session of the week. Specifically, the Nasdaq rose 0.8%, followed by the S&P 500, which gained 0.4%, while the Dow Jones fell 0.4%. For the year to date, these indices have posted gains of 9.2%, 10.6%, and 7.7%, respectively.

The U.S. Treasury yield curve showed mixed movements during yesterday’s session. The 1-year Treasury yield moved from 4.37% to 4.39%, while the 3-year yield rose slightly from 4.65% to 4.70%; similarly, the 10-year yield increased from 4.91% to 4.96%.

In the Eurozone, the Consumer Price Index (CPI) for October was released, showing an increase of 0.4% month-on-month and 4.0% year-on-year. The core CPI—which excludes food and energy—rose 0.3% month-on-month and 2.5% year-on-year, in line with the consensus expectations of analysts. Meanwhile, the Purchasing Managers' Indices (PMI) for October were also published, coming in at 51.4 points for the services sector and 51.7 points for the manufacturing sector.

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