Stock market reacts to Democrat victory in US midterm elections

In depth

Shares of renewable energy companies surged on the Tel Aviv Stock Exchange following the Democrats' victory in the US Congress. According to Globes, this reduces concern about further regulatory tightening in the United States. According to Bizportal, First Solar shares surged 10%, while SolarEdge fell 8% after a weak forecast for the next quarter.

According to Israel Hayom, data center shares fell on Wall Street over concerns of tighter oversight of the AI industry, and CoreWeave fell 5.3%.