[Breaking] New York Stocks Surge as Political Uncertainty Eases
With Democrats regaining majority status in both the House and Senate in the U.S. midterm elections, easing political uncertainty, the three major U.S. stock indexes surged to close on Nov. 4 (local time).
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On the New York Stock Exchange that day, the Dow Jones Industrial Average (Dow) soared 3.03% from the previous trading session. The S&P 500, which is weighted toward large-cap stocks, rose 1.58%, while the Nasdaq Composite, which is weighted toward technology stocks, climbed 1.44% to end the session.
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