With Democrats winning both chambers of Congress and Trump accepting the results, the S&P 500 rose nearly 2% and the Dow over 3% in a day, and the VIX had its biggest one-day drop since April 2025. JPMorgan, Nomura, HSBC and Citadel Securities issued bullish reports, citing deleveraging and near five-year-high short interest.
JPMorgan, Nomura and Citadel Securities turn bullish on US stocks after midterms
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