2026 midterms: markets had already priced in a Democratic Congress and now look to Texas and oil
With votes still being counted, Democrats control the Senate with at least 54 seats to 44 Republicans and the House with at least 240 to 147, according to the text. Polymarket already gave that majority nearly three-in-four odds. On November 4 the S&P 500 rose and the VIX fell from around 21 to below 17, while chips and NVIDIA declined, Vistra sank almost 14% and Brent lost about a tenth of its price. In Texas, Gina Hinojosa promised a moratorium on data centers.
In 50 seconds
- Democrats take the Senate (at least 54 seats to 44) and the House (at least 240 to 147), majorities the text treats as settled.
- On November 4 the S&P 500 rose and the VIX fell from around 21 to below 17, but chips, NVIDIA and Vistra fell, with Vistra down almost 14%.
- Brent lost about a tenth of its price that session, a drop the text attributes to less room to escalate rather than an end to the war.
IASummary generated by artificial intelligence from a story by Revista Semana. It may contain errors: the original source prevails.



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