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Democrats Win House, Fed Meets, AMD Partners With Amazon- 5 Things You Must Know

Joseph Woelfel

U.S. stock futures posted solid gains on Wednesday, Nov. 7, as investors reacted to the Democrats taking back control of the House of Representatives for the first time since since 2010, potentially frustrating key economic initiatives from Donald Trump. With election results still being tabulated, the outcome of the midterms played out liked many experts expected: Democrats won a majority of seats in the House of Representatives while Republicans retained control in the Senate. Democratic gains in the House were fueled by a wave of voter dissatisfaction with Donald Trump despite his record on jobs, the economy and the broader financial markets.