Recent polling shows President Trump's approval rating holding near record lows around 32 percent among U.S. adults following the November 3 midterms, where Republicans lost both chambers of Congress amid voter dissatisfaction with inflation, cost-of-living pressures, and economic stewardship. The Iran conflict, which began earlier in the year and drove up fuel prices, has weighed heavily on household finances and contributed to sub-25 percent approval on related issues, while immigration remains a relative strength at roughly 38 percent. Post-election surveys indicate stable or slightly softer numbers, with strong disapproval concentrated among independents and women. With divided government now in place, traders are monitoring upcoming economic data releases, any legislative gridlock, and developments in foreign policy that could further shift sentiment before year-end.