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November 5, 2026

Stocks surge, Dow soars 1,500 points following midterms

By STAN CHOE and DAVID McHUGH
AP Business Writers

NEW YORK — U.S. stocks soared Wednesday 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% for its best day in three months. The Dow Jones Industrial Average rallied 1,569 points, or 3%, and the Nasdaq composite climbed 1.4%.


 
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