Asian shares mixed as Democrats retake US Congress
Asian stocks ended mixed on Wednesday after Democrats took control of both houses of Congress in a dramatic win in the US midterm elections, raising uncertainty over tech regulation, trade policy and the US budget deficit. Meanwhile, after a gauge of US job openings exceeded economist estimates, the probability of the US Federal Reserve hiking rates by 25 basis points in December rose to 80% in money markets.
Asian stocks ended mixed on Wednesday after Democrats took control of both houses of Congress in a dramatic win in the US midterm elections, raising uncertainty over tech regulation, trade policy and the US budget deficit. Meanwhile, after a gauge of US job openings exceeded economist estimates, the probability of the US Federal Reserve hiking rates by 25 basis points in December rose to 80% in money markets.
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