Scott Colom leads Republican Cindy Hyde-Smith by 1,138 votes with 96% of the vote counted – a small but growing margin
Wall Street surged at the open, after Democrats scored historic victories in midterm elections and secured control of US Congress.
The Dow Jones rose 2%, while the tech-heavy Nasdaq and the benchmark S&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.