Global markets slide as US midterm exit polls signal Democratic sweep; Fed hike odds rise

Global equities fell and gold gained as early US midterm results suggested a Democratic sweep, raising expectations of continued fiscal expansion. Stronger-than-expected job openings data increased the likelihood of a December Fed rate hike, compounding risk-off sentiment amid geopolitical uncertainties.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works