US stocks jump after midterm election results
In short
US stocks rose after the midterm election results. The S&P 500 was up 1.2% early in trading, and the Dow Jones was up 1,178 points, or 2.3%.
The move matters because it shows a strong market reaction. The report does not say which stocks led the rally or how the day ended.
What the reporting says
The S&P 500 jumped 1.2% in early trading and the Dow Jones Industrial Average rose 1,178 points, or 2.3%, after US midterm election results, according to a publisher-supplied summary. The S&P 500 was said to be potentially on track for its best day in six weeks. The source does not state which sectors drove the move or whether the gains held through the session.
Why it matters
The S&P 500, Nasdaq and Dow moved higher after US midterm election results, according to a publisher-supplied market summary. The reported figures include a 1.2% early gain for the S&P 500 and a 1,178-point, or 2.3%, rise in the Dow. The source suggests a strong session but does not explain the policy or earnings factors behind the move.