China A-share consumer electronics sector spiked intraday; Yingtong Communications hit the daily trading limit, while Yunzhong Technology, Beishidake, Yidong Electronics, Chaopin3 and Hongfuhan advanced.

FITCH says Democratic midterm victories would have uneven effects on US corporate credit; most sectors’ cash flows are expected to remain stable. Tighter approvals and higher costs in key data‑center states (Texas, Georgia, Ohio) could slow AI infrastructure investment and support the view that AI capex may peak around 2027; a construction slowdown would also ease longer‑term overcapacity risk. In energy, oil & gas firms may face stricter drilling and environmental reviews; power and industrials could see weaker demand from data‑center pullback, though grid upgrades and broader infrastructure spending provide offsetting support. Healthcare policy is unlikely to change materially in the near term; defense firms benefit from record order backlogs and bipartisan support, so major policy shifts are not expected.

A股AI漫剧概念午后再度拉升，上海电影8天4板创历史新高，总市值突破200亿，此前文投控股、大晟文化涨停，果麦文化涨超15%，慈文传媒、新炬网络、华策影视、芒果超媒均涨超5%。