Dow surges 1,000 points as Democrats take control of Congress
Summary
U.S. stocks rose sharply at the opening bell on Wednesday, Nov. 4, after election results indicated Democrats had taken control of both chambers of Congress. The Dow Jones Industrial Average gained 1,009 points, or 1.9%, while the S&P 500 and Nasdaq each rose 1.1%.Key Facts
- The Dow rose 1,009 points, or 1.9%, at the opening of trading.
- The S&P 500 climbed 1.1%.
- The Nasdaq rose 1.1%.
- The article said Democrats had taken control of the House and Senate.
- The market gains came hours after the midterm election results emerged.
- The article described the report as developing and said it would be updated.
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