Millions of dollars poured into prediction markets on election night, betting on Democratic control of Congress and Texas governor's race

Source: cnbc November 9, 2026 · 10:11
Millions of dollars poured into prediction markets on election night, betting on Democratic control of Congress and Texas governor's race
Photo by Tara Winstead · Pexels
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Election night showed how traders reacted in real time to midterm results, as trading activity surged and market prices shifted to Democrats on Nov. 3.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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