5 Reasons Why the US Stock Market Is Up After Midterm Election Results
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US equities rallied Wednesday after Democrats won control of both chambers of Congress in the November 3 midterm elections, dealing a major political defeat to President Donald Trump. The Dow surged more than 1,100 points, or 2.3%, while the S&P 500 rose 1.2% and the Nasdaq added 1.1% in early trading. The rally reflects investor relief over the outcome and the prospect of divided government constraining major policy shifts. Solar stocks were among the notable movers cited in coverage of the session. Markets will now watch how the new congressional balance shapes fiscal and regulatory priorities.
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S&P 500, Democratic Party, Dow Jones, Nasdaq, Donald Trump