Dow surges 1,000 points as Democrats take Congress control
· Business · ABC News, CNBC, CNN
The Dow Jones Industrial Average jumped 1,009 points, or 1.9%, at Wednesday's market open following midterm election results that showed Democrats controlling both the House and Senate. The S&P 500 rose 1.1% and the Nasdaq increased 1.1% as investors reacted to the blue wave outcome. A Learjet carrying nine people crashed in Palm Beach County, Florida, with the FAA confirming the captain's identification after the deadly incident. Two college students were found dead after going missing during a hike in Florida, police confirmed. Martha Stewart issued her second apology regarding a Halloween costume controversy amid 24/7 breaking news coverage.
Why it matters
Investors reacted positively to the divided government scenario, while the Learjet crash and hiking fatalities highlighted immediate safety concerns for travelers and outdoor enthusiasts.
Read the original report — ABC News
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