Dow Rallies 1,569 Points After Democrats Win Both Chambers

U.S. stocks surged Wednesday after Democrats won majorities in the House and Senate, sending the Dow Jones Industrial Average up 1,569.40 points as markets digested the midterm election result. The Dow climbed 3.03% to 53,356.12, its biggest one-day point gain since April 2025, and closed above 53,000 for the first time since Sept. 8. The S&P 500 advanced 1.58%, while the Nasdaq Composite rose 1.44%. After the close, AppLovin shares jumped about 21% to $328.05. The company posted third-quarter revenue of $2.18 billion, up 55% from a year earlier, and earnings per share of $4.30.

Source: TokenPost