US Stocks Reach 3-Month High as Investors Bet on a Divided Congress

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US stock markets climbed to a three-month high, according to the source report. Investors appear to be betting that a divided Congress could restrain major policy shocks. The same reasoning suggests lawmakers may be less likely to push through large spending measures. Such a split government could also lower some economic risks, the report indicates. The article links these expectations to a recent political setback for President Trump.

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