A surprisingly strong performance for Democrats so far on election night sent stock futures down sharply as Wall Street faces the prospect of intense partisanship for the next two years.
While most races still haven’t been called, Democrats won the Senate seat in deep-red South Carolina and are maintaining healthy margins in the Republican strongholds of Texas and Kansas.
Democratic gubernatorial candidates are also leading in Texas and Ohio, which have been major hot spots for data centers. But the breakneck pace of development in recent years has fueled a major backlash that could slow down the AI trade.
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