BusinessPhoto: News18 WorldWall Street Rallies as Democrats Win US Midterms, Dow Futures Surge
Wall Street stocks rallied sharply after Democrats won majorities in both chambers of the US Congress in the midterm elections, easing political uncertainty. Dow Jones futures surged 1,083 points (2.1%), S&P 500 futures rose 1.1%, and Nasdaq-100 futures gained 0.4%. European markets also gained as investors assessed the election's impact on the economy and business policies.
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