US stocks surge as Democrats sweep Congress, easing political uncertainty

news.kbs.co.kr (Korean) —

US stocks surged on November 4 as the Democratic Party's sweep of both houses of Congress in the midterm elections and President Donald Trump's acceptance of the results eased political uncertainty, boosting investor sentiment. The Dow Jones Industrial Average closed up 1,569.40 points (3.03%) at 53,356.12, marking its largest single-day gain in about 19 months since April 9, 2025, and crossing the 53,000 level for the first time since September 8. The S&P 500 rose 119.70 points (1.58%) to 7,688.62, while the Nasdaq Composite gained 364.50 points (1.44%) to 25,736.51, with all three major indices finishing higher on the New York Stock Exchange.


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