# US Midterms: Wall Street Rallies as Trump Signals Cooperation

> Trump signals cooperation with Democrats after Democrats flip key Senate seats.
- Title: US Midterms: Wall Street Rallies as Trump Signals Cooperation
- Summary: Trump signals cooperation with Democrats after Democrats flip key Senate seats. Democrats gained control of both U.S. Congress chambers following midterm…
- Keywords: us midterms, democrats, republicans, trump, senate, house of representatives, wall street, stock market, iran war, ai data centers, oil prices, election results
- Source: Nikkei Asia — https://asia.nikkei.com/politics/u.s.-midterm-elections/us-midterms-live-wall-street-rallies-as-trump-signals-cooperation
- Published: 2026-11-04T21:52:05+00:00
- Read time: 2 min
- Topics: us midterms, democrats, republicans, trump, senate, house of representatives, wall street, stock market, iran war, ai data centers, oil prices, election results
## Election Results
Democrats won control of the U.S. Senate and House of Representatives in the November 3 midterm elections.
## Stock Market Reaction
U.S. stocks surged 3% after Trump signaled willingness to work with Democrats, lifting the Dow by over 1,500 points.
## Trump's Iran Statement
Trump said the Iran war was necessary to prevent Tehran from obtaining a nuclear weapon and would not change his approach.

> The Iran thing we had to do, and we continue to do it
## Vice President Vance's Claim
Vice President JD Vance blamed Republican losses on the U.S. war with Iran, citing voter concerns about the conflict.

> The reason we lost is the war
## Senate Seat Flips
Democrats flipped Senate seats in North Carolina, South Carolina, Ohio, Texas, Kansas and Iowa, clearing the 51-seat threshold.
## House Control
Democrats secured control of the House with 218 seats after the November 3 midterm elections.
## Oil Prices Drop
Oil prices fell as investors bet the political shift could hasten an end to the Iran war.
## AI Data Center Impact
Voters opposed AI data centers due to energy demands, leading to campaigns against infrastructure projects.
## Trump's Election Response
Trump acknowledged election results but deflected blame, claiming Republicans would have won if he had been on the ballot.

> We've had the greatest two years in the history of the presidency
## Asian Trade Concerns
Asian countries braced for trade tariffs after Trump signaled potential executive actions regardless of Congress control.
## Early Voting Surge
59.1 million early ballots were cast nationwide, more than half the 2022 midterm total.
## Weather Disruptions
Heavy rain and flooding forced polling centers to relocate in Florida, Arizona, Utah and Colorado.
## Election Monitoring
The U.S. Justice Department deployed 1,000 election monitors across all 50 states.
## AI Data Center Opposition
Opposition to AI data centers grew across both parties, with Senate candidates campaigning against infrastructure projects.
## Trump's Veto Post
Trump posted a red hat with 'VETO' on Truth Social, implying legislative control.
## Senate Race in Texas
Democrat James Talarico defeated Republican Ken Paxton in Texas, the first Democratic statewide win since 1994.
## Key takeaway

Democrats gained control of both U.S. Congress chambers following midterm elections, with Trump indicating willingness to work with Democrats after Republican losses.