US midterm elections 2026 live updates: Trump defiant about brutal Republican losses and acknowledges Iran war’s unpopularity

Why This Matters

Key context: <p>President again insisted that if he were on the ballot Republicans would have won, despite historic losses: ‘They just couldn’t transfer that love’</p><ul><li><p><a href="https://www.theguardian.com/us-news/ng-interactive/2026/nov/03/midterm-elections-full-results-senate-house-governor-races">Track live results from all 50 states</a></p></li><li><p><a href="https://www.theguardian.com/us-news/2026/nov/04/democrats-house-midterm-elections-results">Full report: Democrats win control of Congress</a></p></li><li><p><a href="https://www.theguardian.com/us-news/2026/nov/04/tell-us-how-do-you-feel-about-the-us-midterm-election-results">Tell us: how do you feel about the midterm results?</a></p></li></ul><p>Wall Street surged at the open, after Democrats scored historic victories in midterm elections and secured control of US Congress.</p><p>The Dow Jones rose 2%, while the tech-heavy Nasdaq and the benchmark S&amp;P 500 both gained more than 1%. That’s quite a reversal: Overnight, stock futures fell sharply as investors worried about the prospect of tougher regulation of the AI sector and the impact on economic growth.</p> <a href="https://www.theguardian.com/us-news/live/2026/nov/04/midterm-elections-results-senate-house-michigan-maine-mississippi-latest-updates">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.