Stocks rally after Democrats march to midterm victories
Summary
Stocks rose Wednesday morning after Democrats won control of both chambers of Congress in the midterm elections. About 30 minutes after markets opened, the Dow was up 1,104 points, while the Nasdaq and S&P 500 had gained more than 500 and 120 points, respectively.Key Facts
- Democrats won control of both chambers of Congress in the midterm elections.
- The Dow Jones Industrial Average rose 1,104 points about 30 minutes after the opening bell.
- The Nasdaq Composite gained more than 500 points.
- The S&P 500 gained more than 120 points.
- The article says stocks had fallen sharply earlier, but the provided text ends before giving more detail.
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