Stock market today: Dow rallies 1,300 points, S&P 500 and Nasdaq gain after Democrats win control of Congress
Markets priced in a divided government and assessed what a Democratic sweep of midterm elections means for key industries.
Wednesday, November 4, 2026
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Markets priced in a divided government and assessed what a Democratic sweep of midterm elections means for key industries.
Democrats now have control of both chambers of Congress. And that means the question of whether they’ll try to impeach President Donald Trump for a third tim...
Democrat Richard Ojeda is projected to defeat Rep. Richard Hudson (R), the chair of the National Republican Congressional Committee (NRCC), in the race for North Carolina’s 9th Congressional District, according to preliminary results from Decision Desk HQ. Hudson’s role as the NRCC chair meant he was tasked with helping protect vulnerable House Republicans across the…
Nasdaq, Dow, and S&P 500 open higher after Democrats take control and Trump accepts results.
Democrat Beau Bayh pulled off a major upset in Indiana’s secretary of state race Tuesday, becoming the first Democrat to win statewide office in the Republican stronghold in more than a decade. Bayh defeated Republican Max Engling in a closely watched contest that drew national attention as Democrats sought to break the GOP’s grip on…
The New York Times Editorial Board declared Americans should "feel pride" after Democrats swept the House, Senate, and key gubernatorial races.
As Republicans suffered a landslide defeat and Texas elected its first Democratic governor in more than three decades, one of the biggest losers of the U.S. midterms was not on the ballot: billionaire Elon Musk.
Democrats are projected to flip retiring Rep. Mark Amodei’s (R) seat in northern Nevada, per Decision Desk HQ. Democrat Teresa Benitez-Thompson, a social worker and former majority leader of the state House, defeated Republican David Flippo, an Air Force veteran, to clinch the district that encompasses Reno and the entire upper half of the Silver…
Environmental organizations are opposing the Bipartisan American Affordability and Jobs Act, which aims to accelerate the U.S. clean energy transition by streamlining permitting processes and limiting litigation.
Here's why stocks are doing something very different post-election from what many thought they would.
Prominent House Republicans Steve Scalise and Jim Jordan are likely heading for a brutal battle over who will be Trump's top defender as minority leader.
Florida Republicans fended off a blue wave yesterday, while Democrats across the country flipped long-held red seats and seized control of Congress.
TOI Correspondent From Washington: It is a rout of the Republicans, a political bloodbath of epic proportions.
The Wall Street Journal’s editorial board cast much of the blame on President Trump for GOP losses Tuesday, as Democrats are poised to take control of both the House and Senate. “Republicans may console themselves that midterm defeats in second presidential terms are common. But this was more than a normal defeat,” the board wrote…
House Judiciary Committee Chair Jim Jordan (R-Ohio) announced Wednesday that he will run for minority leader, formally entering the race to lead House Republicans in the next Congress after they suffered a major blow in the midterms. He will likely face a contentious fight against current House Majority Leader Steve Scalise (R-La.). Speaker Mike Johnson…
Democrats will hold at least 54 Senate seats.
Democrat Mary Peltola has taken a slight lead in Alaska’s Senate race by about 500 votes, results from Decision Desk HQ (DDHQ) show, putting a possible eighth flip in the Senate in reach. As of almost 11 a.m. Wednesday, Peltola leads Sen. Dan Sullivan (R) with 48.2 percent to his 47.9 percent with 70 percent…
Democrat James Talarico is projected to win a Senate seat in Texas, defeating Republican Ken Paxton and delivering his party their first big Lone Star state win in decades, according to a projection by Decision Desk HQ (DDHQ). It’s a huge moment for Democrats, both because it finally notches the party a big victory in…
Ilhan Omar told supporters Democrats' midterm victories sent a message to Trump, as she addressed federal probes and Operation Metro Surge protests.
Democrat Aaron Ford is projected to defeat Gov. Joe Lombardo (R) in the Nevada governor’s race, according to Decision Desk HQ. Ford, the Nevada attorney general, defeated first-term Lombardo to be Nevada’s top executive. Lombardo’s loss underscores the Democratic blue wave that’s splashed across the nation where even more reliably Republican areas like Texas and…
Elon Musk donated lavishly to Ken Paxton and Greg Abbott, but Democrats still won big in Texas.
Speaker Mike Johnson (R-La.) said on a staff call Wednesday that he will not run for minority leader, according to two GOP staffers, heading off what will likely be a bitter fight over the party’s future in the next Congress as Republicans reel from a seismic election defeat. House Majority Leader Steve Scalise (R-La.) and…