WLD now at $2.33, up 17.2% in 24 hours
The Bitget ticker shows that WLD is now at $2.33, up 17.2% in 24 hours.
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Bank of America strategist Hartnett warns that the market is overly optimistic in pricing in the midterm elections. If the Democrats win the Senate and the Republicans lose in Texas, the U.S. stock market could decline by more than 10% before the end of the year. The battle in Texas is seen as a "referendum" on AI infrastructure policies; if the results are reversed, expected policies for deregulated trading and AI capital expenditures will both come under pressure.
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