📰 Dow closes 3% higher as Democrats' midterm victory eases Wall Street uncertainty
Wall Street stocks rallied on Wednesday after Democrats secured control of both chambers of Congress in the US midterm elections, easing political uncertainty and boosting investor appetite for equities. A sharp decline in oil prices also supported the broader market, although concerns about tighter regulations on data centres weighed on parts of the artificial intelligence (AI) infrastructure sector. The Dow Jones Industrial Average surged 3.03%, or 1,569.40 points, to close at 53,356.12. It moved above the 53,000 mark for the first time since September 8 and recorded its strongest daily performance since April 9, 2025. The S&P 500 gained 1.58% to finish at 7,688.62, while the Nasdaq Composite advanced 1.44% to 25,736.51. Democrats' victories in the House of Representatives and…
Source : Invezz
Time : 2026-11-04 21:23:11
Credit : ananthu c u
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Wall Street stocks rallied on Wednesday after Democrats secured control of both chambers of Congress in the US midterm elections, easing political uncertainty and boosting investor appetite for equities. A sharp decline in oil prices also supported the broader market, although concerns about tighter regulations on data centres weighed on parts of the artificial intelligence (AI) infrastructure sector. The Dow Jones Industrial Average surged 3.03%, or 1,569.40 points, to close at 53,356.12. It moved above the 53,000 mark for the first time since September 8 and recorded its strongest daily performance since April 9, 2025. The S&P 500 gained 1.58% to finish at 7,688.62, while the Nasdaq Composite advanced 1.44% to 25,736.51. Democrats' victories in the House of Representatives and…
Source : Invezz
Time : 2026-11-04 21:23:11
Credit : ananthu c u
#stock_market
Share your opinion in the comment section below