GO
| HSI1 | 24,533.40 | -263.58 | 52.98B |
| HSCEI1 | 8,292.90 | -76.18 | 16.37B |
| Back Zoom + Zoom - Block Traded | |
|
2026-11-05 10:52:38 Goldman Sachs published a research report stating that the Democratic Party has won majorities in both the US House of Representatives and Senate, with the margin of control far exceeding expectations. A larger majority could give Democrats slightly greater leverage in negotiations with the White House, while also reducing the influence of smaller factions within the party caucus. The bank expects Democrats to use fiscal deadlines to seek limits on war with Iran, roll back some tariffs, and reverse spending cuts implemented last year. The bank noted that at the federal level, the election outcome is less likely to alter the regulatory outlook for data centers and artificial intelligence, as related legislation would still require bipartisan support to pass the Senate and overcome vetoes. However, Democratic victories at the state and local levels are expected to lead to short-term moratoriums on data centers, potentially affecting about 45% of planned US data center capacity expansion, with Texas alone accounting for about 25%. The bank expects Democrats' reversal of spending cuts in last year's fiscal package to raise spending in 2027 by about 0.25% of GDP. The first test will come when spending authorization expires on Dec 11, with a short-term extension to Feb or Mar next year seen as the most likely outcome. (da/ad)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |