IBOV 208,295.98 ▲ 1.57% IPSA 10,926.50 ▼ 0.42% IPC MEX 69,258.58 ▲ 0.36% MERVAL 3,017,221 — — COLCAP 2,533.22 ▲ 0.47% BVL PERÚ 59,903.86 ▼ 0.06% USD/BRL5.02▼ 0.11% USD/MXN18.48▲ 0.30% USD/CLP973.84▼ 0.09% USD/COP3,173▲ 0.46% USD/PEN3.42▼ 0.15% USD/ARS1,525▼ 0.02% USD/UYU40.13▲ 3.22% USD/PYG5,704▲ 2.30% USD/BOB11.65▲ 2.95% USD/DOP61.21▲ 2.67% USD/CRC448.07▲ 1.91% USD/GTQ7.64▲ 2.99% USD/HNL26.86▲ 3.38% USD/NIO36.62▲ 2.82% USD/VES881.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.46% EUR/BRL5.65▼ 0.02% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,295.98 ▲ 1.57% IPSA 10,926.50 ▼ 0.42% IPC MEX 69,258.58 ▲ 0.36% MERVAL 3,017,221 — — COLCAP 2,533.22 ▲ 0.47% BVL PERÚ 59,903.86 ▼ 0.06% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, October 21, 2026

The 2026 US Midterms and the Race for Congress

Americans elect a new Congress on Tuesday 3 November, and this page gathers our explainers, the live odds and every Rio Times report on the vote in one place.

Key Facts

  • —The vote Tuesday 3 November 2026; polls close between 6 p.m. and 1 a.m. ET.
  • —Prediction markets House: Democrats 92%; Senate: Democrats 65% (Polymarket, 21 October, 8:09 a.m. ET)
  • —Today Republicans hold 218 House seats, Democrats 214; Republicans lead the Senate 53 to 47.
  • —On the ballot All 435 House seats, 35 of the 100 Senate seats and 36 governors.
  • —What it means for you Congress controls the aid, trade laws and ambassadors that shape Latin America and Africa.

The United States holds its midterm elections on Tuesday 3 November 2026, choosing every member of the House of Representatives and 35 of the 100 senators. Republicans control both chambers today, while polls and prediction markets favour Democrats to win the House and betting markets also lean their way in the Senate.

This dossier gathers our explainers, the live odds and every Rio Times report on the vote in one place. Start with our guide to the 2026 US midterm elections and our list of poll closing times for results night, then follow the latest developments below.

Prediction markets · US midterms, 3 November 2026

Implied chances from traders’ prices on Polymarket and Kalshi.

Who wins the House of Representatives

Democrats91.5%
Republicans8.5%

Polymarket: US$19.2 million traded. All 435 seats are on the ballot, and 218 make a majority.

Kalshi (regulated in the US by the CFTC): Democrats 90.7% · Republicans 9.2% (63,081,832 contracts traded, each paying US$1 if right).

Who wins the Senate

Democrats64.5%
Republicans35.5%

Polymarket: US$7.5 million traded. 35 of the 100 seats are on the ballot; Democrats need 51 seats, Republicans 50 because the vice president breaks ties.

Kalshi (regulated in the US by the CFTC): Democrats 66% · Republicans 36% (16,325,557 contracts traded, each paying US$1 if right).

Who controls Congress after the vote

Democrats win both chambers63.5%
Democratic House, Republican Senate27.5%
Republicans keep both chambers8.5%

Polymarket: US$27.6 million traded. A law needs both chambers, so a split Congress can block the other side.

As of 21 October, 8:09 a.m. ET (13:09 Lisbon), updated every 20 minutes. Prices are bets, not polls, and can move fast.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

In Plain English

  • Midterms: the national vote held halfway through a president’s four-year term; the president is not on the ballot.
  • House of Representatives: 435 members elected every two years; 218 seats make a majority.
  • Senate: 100 members, two per state, elected for six years; it confirms judges and ambassadors.
  • Balance of power: which party controls each chamber, and so whose bills get a vote.
  • Prediction markets: platforms where traders bet on outcomes; prices work as live probabilities, not polls.

Latest developments
  • Latino Voters Favor Democrats 51% to 24%

    Pew surveyed 774 Hispanic registered voters from 28 September to 4 October: 51% back Democrats for the House, 24% Republicans and 18% are unsure.

  • Midterm Odds and the Limits of Trump's Power

    The midterm odds favour Democrats in both chambers. Here is what a Democratic Congress could stop and what Trump could still do on tariffs, sanctions and war.


Our dossier on the US midterm elections of 3 November 2026 follows the race for Congress, the prediction markets and what the result means for Latin America and Africa. The explainers come first, then the story by theme and our newest reports.

Start Here

The Story by Theme

The Race for Congress

Who is ahead for the House and the Senate, the key races, the polls and the odds.

Latest on the US Midterms

Key Dates Before and After the Vote

  • Sunday 1 November: US clocks go back one hour, so on election night Eastern Time (ET) is five hours behind London and Lisbon.
  • Tuesday 3 November: election day; polls close between 6 p.m. ET and 1 a.m. ET on 4 November.
  • Wednesday 18 November: Alaska tabulates its ranked-choice votes.
  • Tuesday 1 December: Georgia runoffs for races where no candidate won more than half the vote.
  • Friday 11 December: federal funding runs out unless Congress passes a new law.
  • Saturday 12 December: Louisiana runoffs for House races without a majority winner.
  • Sunday 3 January 2027, noon ET: the new Congress takes office.

Frequently Asked Questions

Who is ahead in the 2026 midterms?

Democrats lead national polls and prediction markets for the House, and the betting markets also favour them, more narrowly, for the Senate. The live card on this page shows the latest Polymarket and Kalshi prices, updated every 20 minutes.

When do the polls close on 3 November?

The first polls close at 6 p.m. ET in eastern Indiana and Kentucky, and the last at 1 a.m. ET on 4 November in Alaska’s Aleutian Islands. Most states close between 7 p.m. and 9 p.m. ET.

When does the new Congress take office?

The new Congress begins its term at noon on 3 January 2027. Until then the current Republican majorities stay in charge.

Why do the US midterms matter outside the United States?

Congress controls foreign aid, writes trade law and confirms ambassadors, so its majority shapes US policy towards Latin America and Africa. The president still sets most tariffs, sanctions and deportation rules on his own.