Stocks open with solid gains after Dems win House

from The Hill 3 months ago 0 0 56

U.S. stocks rose Wednesday as trading opened for the first time since Democrats clinched control of the House in Tuesday’s midterm elections.

The Dow Jones industrial average opened 173 points higher, a 0.68 percent increase, while the Standard and Poor’s 500 and Nasdaq composite started Wednesday with gains of 0.63 percent and 0.64 percent each.

Dow Jones futures implied a boost of 210 points when the market opened. S&P 500 futures implying an opening rise of 26 points, while an 80-point boost to Nasdaq Composite futures implied a 101-point gain.

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