# Stocks, dollar and country risk: how the market reacts today after Donald Trump's defeat in the US Congress

> European stock markets rose up to 3% and US index futures gained after Democrats regained control of the House and Senate in the US midterm elections. Oil was falling toward $100 per barrel and gold was up about 3%.

- Date: 2026-11-04 · published 2026-11-04T18:10:39.141Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/80113-stocks-dollar-and-country-risk-how-the-market-reacts-today-after-donald-trump-s
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker Republican position in Washington lowers the odds of new trade or energy-policy shocks, which eases crude prices and reduces the cost of diesel and fertilizer for feed and grain supply chains.

## Read by commodity

- DXY: neutral
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-07-19 | [Dollar and gold falters as Trump hits fed, stocks drop: markets wrap - MINING.COM](https://feedsoft.ai/events/63947-dollar-and-gold-falters-as-trump-hits-fed-stocks-drop-markets-wrap-mining-com.md) | +2.5% | -5.4% |
| WTI | 2020-03-10 | [Fear in the Market Drives Dow and Crude Oil Lower, Drags Ag Markets Along \| Hoosier Ag Today](https://feedsoft.ai/events/11271-fear-in-the-market-drives-dow-and-crude-oil-lower-drags-ag-markets-along.md) | -7.1% | -15.8% |
| WTI | 2022-11-17 | [Canadian dollar holds steady vs U.S. counterpart, beats rest of G10 - The Globe and Mail](https://feedsoft.ai/events/38911-canadian-dollar-holds-steady-vs-u-s-counterpart-beats-rest-of-g10-the-globe-and.md) | -9.0% | -11.3% |
| WTI | 2021-08-31 | [Canadian dollar retreats after surprise GDP contraction - Markets - Business Recorder](https://feedsoft.ai/events/45791-canadian-dollar-retreats-after-surprise-gdp-contraction-markets-business.md) | -1.2% | +8.9% |
| WTI | 2021-08-31 | [Canadian dollar steadies after ‘limited’ reaction to GDP miss - The Globe and Mail](https://feedsoft.ai/events/45789-canadian-dollar-steadies-after-limited-reaction-to-gdp-miss-the-globe-and-mail.md) | -1.2% | +8.9% |
| BRENT | 2020-01-27 | [Stocks and Oil Drop, Gold Rises As Wuhan Coronavirus Spreads - Markets Insider](https://feedsoft.ai/events/4514-stocks-and-oil-drop-gold-rises-as-wuhan-coronavirus-spreads-markets-insider.md) | -3.4% | -2.4% |
| BRENT | 2018-11-29 | [Rupee closes at 69.85 a dollar after 3 months of weak run in the 70s \| News on Markets - Business Standard](https://feedsoft.ai/events/62319-rupee-closes-at-69-85-a-dollar-after-3-months-of-weak-run-in-the-70s-news-on.md) | +5.8% | -11.2% |
| BRENT | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -6.3% | -5.6% |

## Sources

- tn.com.ar: https://tn.com.ar/economia/2026/11/04/la-reaccion-de-los-mercados-a-las-elecciones-en-eeuu-las-bolsas-europeas-y-los-futuros-de-wall-street-cotizan-al-alza/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.