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Wall Street prices a Democratic House as AI stocks brace for the midterms, with the VIX quoted near 18.60, Kalkine reports
- Wall Street prices a Democratic House as AI stocks brace for the midterms, with the VIX quoted near 18.60, Kalkine reports — Kalkine reports prediction markets gave Democrats a 91.3 to 93 percent chance of winning the House with four days to go before the vote, while the Senate remains the open question for investors. It notes the S&P 500 was higher 12 months after all 19 midterms since 1950, and that one market strategist called a blue wave negative for AI names. (Kalkine)
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