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Dow scores its best day in 18 months in a broad relief rally after Democrats sweep to power in Congress
Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.
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This year’s worst-performing S&P 500 stock is finally seeing some major reliefAppLovin’s stock is popping after “clearly positive” earnings results.How do Americans feel about the midterm results? It depends on how much money they make.Most Americans are “thrilled” or “happy” about the results of this year’s election. Some are especially so.Qualcomm’s stock falls as twin forces pressure salesQualcomm faces the loss of Apple’s business and the negative impact of high memory costs on overall smartphone demand.Figma’s stock falls as investors worry that AI momentum is coming at a high priceFigma’s investments in AI models and agents are driving usage, but the cost of delivering these features is proving to be expensiveApple cements its status as tech’s biggest heavyweight with the stock’s best day in over a yearInvestors are flocking to Apple as a safe haven as AI infrastructure names come under pressure from midterm election resultsBillionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth taxSilicon Valley spent big to kill California’s wealth tax — but incoming Democrats are eyeing a national fight.This page holds the headline and a short snippet as published by MarketWatch, whose feed they came from. The story itself, the photography and the rights stay with them, and the button above goes straight to their site. We keep this page so the headline has a stable address and a record of when it ran.
