The U.S. stock market surged on Wednesday as investors digested the impact of the Democrats’ sweeping victories in the midterm congressional elections.
The Dow Jones Industrial Average soared more than 1,500 points or 2.9% in afternoon trading, putting the blue-chip index on track for its biggest gain of the year.
» Read more about: Dow surges 1,500 points after Democrats take control of Congress »
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US stocks jumped on Wednesday after Democrats won control of both chambers of Congress in a seismic midterm election, paving the way for a divided government.
The Dow Jones Industrial Average (^DJI) rose 3%, or over 1,500 points, marking its best single-day performance since President Trump paused a sweeping tariff rollout in April 2025.
On the Equity Mates podcast recently, Bill Ackman shared a story of the time he had dinner with Warren Buffett. Ackman said he offered Buffett water, but he turned it down for a Cherry Coke.
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and the owner of modern, sustainable, and long-term contracted assets across North America. The company segments its operations into Flexible Generation, Renewables & Storage, and Corporate divisions. The majority of its revenue is generated from the Renewables &
A truck crosses from Ontario to Michigan on the Gordie Howe International Bridge. Five of the tossup states that were up for grabs in the Senate all trade billions annually in goods and services with Canada.Carlos Osorio/Reuters
In Tuesday’s midterm elections across the United States,
» Read more about: What role did the Canada-U.S. trade war play in some key midterm races? »
In early June, Nvidia CEO Jensen Huang called Marvell Technology (NASDAQ: MRVL) the next trillion-dollar company. Huang explained that Marvell’s connectivity solutions are essential for coordinating large clusters of processors powering artificial intelligence (AI) systems.
Wall Street initially embraced this optimism. Marvell shares surged to about $291 on June 2 and reached a record closing price of nearly $316 just two days later.
Even with a US stock rebound, is there ‘extreme fear’? Decoding the S&P 500 and drawdowns from the latest data
Semiconductor stocks and AI lead the way! The background of the US stock rise and its impact on the yen-denominated S&P 500
The US market rebounded for the first time in a while yesterday.
Stocks surged on Wednesday after Democrats won commanding victories in key races across the country, making it immediately clear to investors which party would control the House and Senate.
The tech-heavy Nasdaq Composite closed higher by 1.4%. The broader S&P 500 surged 1.58%, its best day since August. The Russell 2000,
» Read more about: Stocks surge as ‘blue tsunami’ puts political uncertainty to rest »
Cathie Wood, head of Ark Investment Management, often sees falling stock prices as an opportunity to add to her favorite technology investments.
Sometimes, she buys shares on the way down, hoping to pick them up at a bargain. That’s what she did this week with Palantir Technologies (PLTR), adding shares after the AI software company’s stock dropped following its third-quarter earnings report.
» Read more about: Cathie Wood buys $10.9 million of tumbling tech stock »
