Wall Street read the Democratic takeover of Congress as reducing policy uncertainty, lifting equities while Treasury yields fell.

The breakup reverses the 2018 Aetna acquisition and dismantles CVS's vertically integrated pharmacy and insurance model.

A Democratic sweep added volatility to the AI trade, with data center names falling and renewables rising on expected policy shifts.

Strong AI-driven data center sales eased investor fears about hyperscaler spending and lifted chip stocks.

Meta is tapping debt markets to fund infrastructure and AI model spending, part of a broader rise in Big Tech AI-related borrowing.

The settlement resolves litigation over PFAS in firefighting foam, a long-running liability for the industrial conglomerate.

Off-balance-sheet and related AI obligations are growing rapidly, drawing comparisons to prior credit cycles.

Higher overseas fuel costs and tighter driver supply weighed on Uber's mobility unit even as revenue topped forecasts.

Strong oral Wegovy sales bolster Novo's position in the obesity drug market against rival Eli Lilly.

Private-sector job growth held steady across sectors, a key input ahead of Friday's official employment report.

McDonald's has leaned on discounts to attract budget-conscious diners as visits to U.S. locations decline.

The cuts mark Disney's largest round of job reductions this year as it seeks cost savings.

Crude declined for a second day as investors bet a Democratic Congress could reduce the risk of further Iran escalation.

Government bond markets priced in the new congressional balance of power, with U.S. yields moving lower.

Metals rallied on a weaker dollar and expectations of shifting fiscal and rate policy under a divided government.

Energy inflation above 20% in October raises the odds of an ECB rate hike.

Strong AI-fueled server demand lifted Super Micro's outlook and its stock.

Weak Chinese demand adds to concerns about global growth and the country's property and consumer outlook.