Key facts
- Democrats won the House and Senate in the 2026 midterms, The Motley Fool reported, leaving Republicans in the White House.
- The Motley Fool reported the Dow Jones Industrial Average up more than 1,500 points in morning trading on November 4.
- The Philadelphia Semiconductor Index declined about 4% in that session, per The Motley Fool.
- Iren fell roughly 9% and Hut 8 fell nearly 17% in morning trading on November 4, The Motley Fool reported.
- The Motley Fool cited a 2019 Buffett interview: "You do not want to have a political view in investing."
Democrats won control of both the House of Representatives and the Senate in the 2026 midterm elections, The Motley Fool reported, with Republicans retaining the White House and divided government beginning in January. The outlet did not give vote counts or seat totals.
The Motley Fool reported that the Dow Jones Industrial Average rose more than 1,500 points in morning trading on November 4, while the S&P 500 and Nasdaq Composite also rose. It said the Philadelphia Semiconductor Index declined about 4% in the same session, with data center operators Iren down roughly 9% and Hut 8 down nearly 17%.
The outlet attributed the split to uncertainty over how the election could affect AI and adjacent industries, and cited a 2019 interview in which Buffett said: "You do not want to have a political view in investing." It also cited Berkshire Hathaway's 2016 shareholder letter on the Dow's advance from 66 to 11,497 during the 20th century.