The last 2026 US midterms: Whiplash on Wall Street It's been a whirlwind few days in Washington and on Wall Street, as investors and politicians try to figure out what the final two years of Donald Trump's administration will look like, now that Democrats are set to control Congress. Tech stocks are recovering after a brutal global sell-off, fueled by investor fears that Democrats will slow the rapid pace of artificial intelligence development - which President Donald Trump has encouraged. The president doubled down on his support for technology -- after voters punished him and Republicans over the state of the economy. Voters also expressed strong opposition to artificial intelligence and data centers. But it's not all bad news for Trump — the latest US jobs report just came out — and it's a lot better than expected.