Controlled congress. Mitch mcconnell you Mitch Mcconnell of kentucky won reelection last night. Aestions because we have twoparty system, does not mean we have to be in protection perpetual conflict. I think i have shown that to be e in critical Time Critical times in the past. I hope the president gives me a chance to show that again. Democrats ran away from president obama. He is returning the favor. The white house saying itself from the losers, saying the quality of candidates determines the outcome. The president is holding a press conference and wants to meet with leaders on friday. Paul ryan said his party is willing to work with the white house up to a point. We should put bills on his desk we think he can sign. We will work on bills that will move our principles in the right direction. Yes, if there are certain issues we are so up sit on him a we should define ourselves in opposition by passing bills republicans picked up more seats as well. Easily one in illinois. In democrat
Morning than it did just 24 hours ago. Republicans are riding high and making plans to push their agenda in washington and beyond. The g. O. P. Picked up enough seats to seize control of the senate. And now they will be setting course for the final two years of the white house. Harry reid is out, and mit Mitch Mitch Mcconnell set to replace him. We have Team Coverage from around the world and around the country. Lets begin with lisa stark in washington. Good morning. What has been the reaction from what must be overjoyed republicans this morning . They are overjoyed. I think they probably even did better than they had hoped for. The democrats are waking up with a big headache, looking at a new political landscape. President obama will hold ta us in conference this afternoon, and well get his comments on the election, but it seems clear that voters discontent with the president and the donothing Congress Played out at the ballot box. The ambulance of power in washington has shifted. It
12 months. Check things out this morning, if you want to see the knee jerk reaction to some of these things, youll see already the futures are indicated higher. We knew the republicans were likely to whip, but if you take a look, there were some this was what you would absolutely call a wave with some races that hadnt been expected to go their way going their way, as well. Dow futures are indicated higher. S p futures up by close to 7 points. Nasdaq up by 16 points. As for the bottom, weve been watching oil closely once again. It is down again this morning, down by about 31 cents. 76. 88. Thats about where we were yesterday at this time. This morning, the tenyear looks like it is yielding. I cant see it because theres a line over the one place where it says 2. 35 . The dollar this morning at this point looks like it is up against the yen, up against the euro, up against the pound. Euro is trading at 1. 2484. Dollar slrn yen, 1114 and change. Gold prices look like they are down, as well
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Starting now. Welcome, glad to have you, im neil cavuto and dont know whether the republicans will take the senate but know they shouldnt be taking victory laps if they do. While democrats might be down for the count now. Count on steadily improving economic numbers to put them in the hunt two years from now. Let me explain, maybe not in time to help them next week. Who knows . Im telling you try two years from next week, stocks hitting new highs today. Only the latest sign that the stock market could tell a good story for democrats. Predicting markets is always perilous but republicans dismissing the markets performance and how the other side will seize on that performance is dangerous, too. The gop can rightly point out the free money Federal Reserve sparked a lot of this and cost cutting krinted to a lot of this, i am telling you, democrats will seize on this, and the fact that all the market averages have more than doubled under this democratic president. Trust me they will, just l