US stocks Four major indices in midterm electionsvote After opening higher a day earlier, artificial intelligence (AI) trades rallied after being hit hard in the last two trading days of October.oil price The decline also helped improve market sentiment, allowing November trading to begin on a more positive note.
New York’s three major indexes rose between 0.5% and 0.8%, the Fed Semiconductor Index rose about 0.3%, and TSMC ADR also rose 0.3%. However, Oracle, which announced the issuance of US$20 billion in stocks and bonds before the market opened, saw its stock price fall 4%.
Marvell also confirmed to the market that it will acquire optical communications giant Lumentum for US$115 billion. The stock prices of both companies fell simultaneously, and the decline was deeper than that of Oracle.
US media reported that US President Trump hopes to reach an agreement with Iran through diplomatic channels, and Iranian media IRNA reported that Iran’s supreme leader has approved the negotiations. Brent and WTI crude oil prices fell more than 6%.
American voters will vote in the midterm elections on the 3rd and the Democratic Party is expected to win at least a majority of the seats in the House of Representatives.
