Markets
Brent was $105.19 in Asia. That is not a New York close.
Reuters, Tuesday: Brent was up 0.4 percent at $105.19 in Asian trading after a drop of about 7 percent on Monday. The photograph is the New York Stock Exchange on Nov. 2, not that print.
The Rocket News · Business Desk · New YorkNovember 3, 2026 · 3 min read

NEW YORK — Investors were weighing a possible shift in control of Congress as Election Day arrived, Reuters reported, and whether a strong Democratic showing would add volatility, particularly in the trade that has driven markets. Scott Chronert, U.S. equity strategist at Citigroup, wrote: “While probabilities increasingly favor a Blue sweep, several tightly contested Senate races leave open some possibility of Republican control of the Senate or, conversely, a greater than expected Democratic foothold in the Senate.” He added: “Equity market reaction is likely positive in the former case and negative in the latter.” UBS Global Wealth Management assigned a 50 percent probability of a Democratic sweep, 40 percent to Democrats taking the House while Republicans keep the Senate, and 10 percent to Republicans holding both. Those are the strategists’ figures. They are not a vote count.
In a separate Reuters note, Brent crude was 0.4 percent higher at $105.19 in Asian trading. Reuters said crude had fallen about 7 percent on Monday as investors weighed reports of mediation, before the strikes on Qeshm. This $105.19 is Asia’s print. It is not a New York close, and it is not Friday’s $117.64. The strikes themselves are in the war note. They are not retold here as a new toll.
While probabilities increasingly favor a Blue sweep, several tightly contested Senate races leave open some possibility of Republican control of the Senate or, conversely, a greater than expected Democratic foothold in the Senate.
The photograph is Nov. 2, traders on the floor of the New York Stock Exchange. Brendan McDermid made it for Reuters. It is not Tuesday morning in Asia. No trader is named.
Wire and further reading: reuters.com
Filed under Economy
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