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Macro US Stocks

US stocks rally after midterms as Democrats win Congress; Dow jumps 3.03%

US stocks rose on November 4, the first trading day after Democrats won control of both chambers of Congress, splitting government. The Dow gained 3.03%, or 1,569.40 points, to close at 53,356.12; the S&P 500 rose 1.58% to 7,688.62 and the Nasdaq 1.44% to 25,736.51. HCA Healthcare climbed 10.3% while Lockheed Martin fell 6.9% and Brent crude dropped 8.7% to $94.62 a barrel.

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