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Stocks, dollar slide after some early wins for Democrats in US midterm election
SINGAPORE: US stock futures slumped, Treasuries rallied and the dollar softened on Wednesday as Democrats notched early Senate wins, fuelling bets they could wrest control of the chamber from President Donald Trump’s Republicans, though the final outcome remained uncertain. In North Carolina, former Governor Roy Cooper easily defeated Trump-backed Republican Michael Whatley to flip a Republican-held Senate seat, according to media projections, handing Democrats one of the four net gains they need to secure a majority. Democrat Jon Ossoff won re-election in Georgia. Democrats are favoured to ...
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