US stocks tend to perform well in the period directly following midterm elections; only once since 1950 has the Dow not risen in the quarter following an election and that was in 2002 during George W. Bush’s first term. On average the index has risen by almost 10 per cent after midterm elections and rose by 8 per cent after the 2010 election during Obama’s first term.
The US went to the polls yesterday for the congressional midterms and the Republicans swept to victory and took control of the senate. Turnout tends to be much lower when there’s no presidential election to accompany the congressional vote, on average about 13 percentage points. Exit polls revealed that minority and younger voters were much more likely to stay home this year than they were in 2012.
Russia’s ban on importing EU agricultural products will cause the loss of more than 300,000 tonnes of apples grown in Poland, a quantity more than the whole crop of the Netherlands or the UK, and risks causing a European glut of the fruit.
Poland’s apple and pear growers face substantial losses due the Russian embargo on farm imports from EU nations and other western countries which this year imposed sanctions on Russia over the Ukraine crisis. Read more
The number of internet users hit 3bn on Monday, about 40 per cent of the world’s population. The first billion was reached in 2005 and the second in 2010. A fifth of all users live in China, and just under 10 per cent come from the US. The statistics come from Internet Live Stats which gets data from the UN, World Bank and the International Telecommunication Union. Anyone with access to the internet at home is counted as a user.
By John Burn-Murdoch and Gavin Jackson
In the latest instalment of The Baseline, our weekly feature on sports statistics, we looked ahead to the ATP Tour Finals, the climax of the men’s tennis season.
The tournament is played on a hard court surface, which goes some way to nullifying the relative advantages afforded to big serving and big returning players by grass and clay courts respectively. But where exactly does hard court fall between those two extremes, and what can this tell us about its impact on the playing styles of grass and clay specialists? Read more
Our new unemployment tracker shows the latest jobs data across the European Union, including top-line figures for each country’s constituent regions. The most recent figures are for September 2014.
You can also download the latest data using the link beneath the graphic. Read more