Stocks Surge, and the Dow Soars 1,500 Points as Oil Prices Tumble Following the US Midterm Elections
Investors welcomed divided government as oil prices fell and Treasury yields eased, lifting health care, solar and dollar-store shares while pressuring defense and AI stocks.
- On Wednesday, U.S. stocks soared after President Donald Trump's party lost sole control of Washington in midterm elections, with the Dow Jones Industrial Average climbing 1,524 points, or 2.9 percent.
- Treasury yields eased as investors perceived reduced risks of mounting national debt with split control of Washington, with the 10-year Treasury falling to 4.90 percent from 4.95 percent late Tuesday.
- Green power companies surged on Democratic congressional control, with First Solar jumping 9.4 percent and Enphase Energy climbing 9.8 percent, while military stocks like Lockheed Martin fell 6.6 percent.
- Brent crude plunged 9.2 percent Wednesday to $94.11 per barrel, falling below $100 for the first time in nearly a month amid ongoing volatility since the war with Iran began.
- Alphabet rose 4.2 percent while Nvidia sank 1.3 percent, reflecting mixed performance in AI-related stocks; DollarTree climbed 10 percent as retail showed broader strength amid shifting market sentiment.
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Stock market shows largest gains of the year after midterm massacre
The stock market reacted positively to the results of the midterm elections on Wednesday when the Dow Jones Industrial Average jumped by 1,600 points.The 3% gain in the Dow Jones was the largest so far this year. The S&P 500 index gained 1.6%, and the Nasdaq Composite Index increased by 1.4%.'The elections are leading the market to conclude that Trump might now be inclined to make a deal.'Vital Knowledge founder and market analyst Adam Crisafull…
My Mother Lode
How major US stock indexes fared Wednesday 11/4/2026
U.S. stocks soared after President Donald Trump’s party lost its sole control of Washington in the midterm elections. Stocks generally do well in the months following any midterm U.S. election, regardless of who wins, and the S&P 500 jumped 1.6% Wednesday. The Dow Jones Industrial Average surged more than 1,500 points, and the Nasdaq composite rose 1.4%. Stocks of hospital owners and retailers focused on lower-income Americans led the widespread…
Santa Maria Times
Independent EspañolNEW YORK (AP) — Share prices skyrocketed Wednesday in the United States after President Donald Trump's party lost Washington's exclusive control in the mid-term elections.
Stocks surge, and the Dow soars 1,500 points as oil prices tumble following the US midterm elections - Boston News, Weather, Sports
NEW YORK (AP) — U.S. stocks soared Wednesday after President Donald Trump’s party lost its sole control of Washington in the midterm elections. Stocks generally...
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