Decision Desk HQ (DDHQ) projects Republican Mudi has won the Florida Senate seat; Democrat Booker has won the New Jersey Senate seat.

E Fund Nasdaq ETF will be suspended from market open on Nov 5, 2026; trading will resume at 10:30 on Nov 5, 2026.

Sean Oliver, chief economist at Australian financial services group AMP, said Democratic gains in the U.S. midterms could prompt tighter regulation—notably in artificial intelligence—and, if seen as increasing chances of a Democratic return to the White House in 2028, raise market concerns about higher taxes. Those factors could be negative for U.S. equities and the U.S. dollar; markets appear to be starting to price that in. Oliver added a Democratic victory would not be unexpected, suggesting some of the impact should already be reflected in prices.