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via finance.yahoo.comMarkets

Post-midterm rally lifts Wall Street as the Dow Jones rises 3%

FROM THE WIRE · FINANCE.YAHOO.COM

US stocks (^DJI, ^IXIC, ^GSPC) closed yesterday's session higher — notably, the Dow Jones Industrial Average rose 3% (or over 1,500 points) — after Democrats overwhelmingly won back both the House and the Senate. Interactive Brokers Chief Strategist Steve Sosnick joins Pras…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishThe Democratic midterm victory reduced political uncertainty and drove a sharp rally in US equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Dow Jones closed up 3%, over 1,500 points.
  2. 02Democrats won back both the House and the Senate.
  3. 03The president said he would not contest the result, easing fears of prolonged court battles.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Dow Jones Industrial AverageINDEX:DJIIndex52,029.42-2.07%today -2.49%Positive S&P 500INDEX:SP500Index7,410.56-2.25%today -3.62%Positive NASDAQ CompositeINDEX:IXICIndex24,336.47-2.97%today -5.44%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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