According to CoinMeta and reports from GlonHub, preliminary results of the U.S. mid-term elections indicate that the Democratic Party is likely to take full control of Congress, which led to a decline in the stock market. Copper prices also fell for the second consecutive trading day. Copper is widely used in data centers and power transmission systems. In recent weeks, concerns about spending on artificial intelligence have put pressure on copper prices. On Tuesday, copper prices fell below $14,000 per ton for the first time since September, facing the risk of breaking away from the trading range that has been maintained for the past two months. Analysts say that traders tend to be slightly more risk-averse before the mid-term election results are announced. Copper prices have been catching up with previous declines in recent weeks, and the future trend will largely depend on the performance of the U.S. stock market. The preliminary election results clearly favor the Democratic Party, which means the possibility of a political deadlock in Washington is increasing. If sectors with moderate to high economic growth face more regulatory scrutiny, it could be negative for both the stock market and the dollar. However, a weaker dollar is usually beneficial for commodities priced in dollars.