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Wall Street may be expecting too much from a Democratic Congress, an economist says

· businessinsider.com · popularity 43/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)

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Summary

A Democratic Congress may have less influence over markets than investors expect, an economist said. US stocks rose sharply Wednesday after Democrats won control of Congress in the midterms. The Dow jumped 3% in its best day in 18 months, the S&P 500 gained 1.6%, while the Nasdaq climbed 1.4%, as …

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