While awaiting the response from the polls, comes that of the financial markets. The president of the United States Barack Obama does not live one of the moments of maximum popularity of him, and awaiting the outcome of mid-term elections it is not supported either by the Wall Street Stock Exchange, which opened in negative territory on the day of the vote: the Dow Jones is almost unchanged at 17.358,63 points, the Nasdaq instead loses almost 0,3% to 4.157,185 points. The negative data on the trade balance deficit, which rose to over 43 billion dollars in September, and the continuous drop in the price of oil, with Brent falling to 82,84 dollars, penalized the US price lists among others.
The Alibaba case is taking center stage on Wall Street, which it beat expectations in terms of revenues, but not in terms of net income: the stock opens down by 2%, then recovers. As for the elections that will decide thehe emerging from Barack Obama's last two years in the White House, the latest polls say that the victory of the Republicans is a given in the House, which should remain under the control of the Grand Old Party already leading by 34 seats. The real challenge will be in the Senate, where the Democrats currently have a majority of 53 seats (plus two independents) against 45, but the situation is still very uncertain.
The first results will come from the polls in the eastern regions of Indiana and Kentucky, which close at 23pm local time (midnight Italian time), while the last to close is Alaska, at 6am on November 5th (7am Italian time ), one of the decisive states. In any case, Obama will not have been among the most brilliant presidents on the Wall Street front. TBetween November 2010 and the spring of 2011, i.e. in the six months following his mid-term elections during his first term, the first democratic citizen achieved a decidedly below-average performance after the middle of his first term: +5,9 %. The New York Stock Exchange, which is now at all-time highs, has the verdict for the next six months, but at the moment even George W. Bush, one of the least popular presidents on the financial front, has done better: +18% the first time, +12% the second time.
