Dow Surges 1,500 Points as Democrats Gain Congressional Control
Investors processed the repercussions of sweeping Democratic triumphs in the midterm congressional elections, driving the U.S. stock market up on Wednesday. During afternoon trading, the Dow Jones Industrial Average climbed past 1,500 points (a 2.9% increase), putting the blue-chip index on pace for its best yearly performance. Meanwhile, the Nasdaq Composite Index climbed 1.8%, and … Read more