US stocks rally after midterms as Dow jumps 1,569 points

newsbomb.gr (Greek) —

US stocks surged Wednesday after the US midterm elections, with the Dow Jones jumping 1,569.40 points (3.03%) to close at 53,356.12. The rally followed Democratic control of both Congressional chambers. The Nasdaq rose 1.44% and the S&P 500 gained 1.58%, supported by retail and consumer goods companies. Falling oil prices and reduced Iran tensions improved sentiment, lowering US Treasury yields. Data center and semiconductor stocks faced pressure amid concerns over stricter artificial intelligence regulation. Analysts noted Democratic control may limit unilateral economic policy changes by the Trump administration.


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