After Democrats won control of both chambers of Congress, the $Invesco QQQ(QQQ)$ gained 0.96 per cent on Wednesday and the $S&P 500(.SPX)$ rose 1.64 per cent. $Microsoft(MSFT)$ advanced 6.73 per cent, $Amazon.com(AMZN)$ gained 6.10 per cent and $Apple(AAPL)$ rose 5.36 per cent as investors favoured large technology companies with stronger profit and cash flow.
# Payrolls Meet an AI Policy Shock — What Reprices First?

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