Dow Jumps 1,569 Points as Democrats Win Congress, Oil Prices Fall

today.line.me (Thai) —

US stocks surged Wednesday, with the Dow Jones Industrial Average jumping 1,569 points after Democrats won control of both congressional chambers in the midterm elections, easing political uncertainty. Falling oil prices also supported investor sentiment. The Dow closed at 53,356.12 points, up 3.03%, while the S&P 500 rose 1.58% and the Nasdaq gained 1.44%. It was the Dow's biggest one-day gain since April 2025 and the strongest post-midterm rally since 1982, according to CFRA Research. Brent crude fell 8.7% to $94.62 per barrel, as investors bet the new balance of power could pressure the government to end the war with Iran sooner. Luxury stocks rose 4.3% while energy fell 4.8%. Investors await October jobs data due Friday.


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