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Stocks, Bonds Climb After US Election as Oil Sinks: Markets Wrap

Bloomberg Markets·November 3, 2026·1 min read

A Democratic sweep of Congress that highlighted opposition of the Iran war extended this week’s plunge in oil prices, helping drive stocks and bonds to big post-election gains. The political shift raised expectations of reduced geopolitical tensions and potential policy changes, while lower energy costs supported equities and fixed income markets.

Read at Bloomberg Markets
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