Macro Finance
Post-Midterm Rotation Hurts Chips, Boosts China: Markets Wrap
Bloomberg Markets·November 4, 2026·1 min read
A stock-rotation trade fueled by the US midterm elections swept Asia, denting regional chipmakers and boosting unfavored markets from China to Australia. Sliding oil prices helped fuel gains in Southeast Asia, as investors repositioned portfolios in response to the political shift.
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