Democrats are projected to sweep both chambers of Congress, with platform forecasts placing their odds of winning the Senate and House at nearly 99% each. Markets are bracing for tighter AI regulation, triggering sharp selloffs in Japan, South Korea, and Taiwan, where chip stocks fell heavily. U.S. equity futures slid, with Nasdaq 100 futures down more than 2%. The dollar index weakened, on track for its worst single-day drop in two months, as most G10 currencies and major Asian currencies—excluding the renminbi and Taiwan dollar—rose against the greenback. The 10-year Treasury yield edged lower, with Treasuries gaining on expectations that political gridlock could curb tax cuts and government spending, easing concerns over federal borrowing. Bitcoin also fell in tandem.