Markets edge higher as US midterm election results come in
Hong Kong (CNN Business)Stock markets are in positive territory after the US midterm elections delivered a divided Congress but little in the way of surprises to nervous investors.
Tokyo’s Nikkei and Hong Kong’s Hang Seng Index rose around 0.5%, while other major markets in Asia posted smaller gains. US stock futures pointed slightly higher.
The elections are shaping up to have significant political consequences for the world’s largest economy. CNN is projecting that Democrats will win a majority in the House of Representatives while Republicans will retain control of the Senate. But investors are not betting on a dramatic change in policy.
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