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U.S. stocks surged on November 4, 2026, following Democrats’ sweeping midterm victories that gave them control of both the House and Senate (a “blue wave”), while oil prices tumbled amid hopes for de-escalation in Middle East conflicts (including the Iran war). This eased political uncertainty, with President Trump accepting the results. Markets also reacted to lower energy prices benefiting consu

The major business and stock market headlines for today, Wednesday, October 7, 2026, highlight a record-breaking streak on Wall Street, shifts in interest rate expectations, and a blockbuster acquisition in the healthcare sector: 1. Wall Street Hits Fresh Records on AI Enthusiasm and Strong Earnings US stock indexes climbed to historic highs, powered by continued spending on artificial intellige