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 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 majorities.
Polls favour the Democrats to reclaim the house, but the Senate contest is too close to call.
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Sources and context
The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-31. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.