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Wall Street rises following U.S. midterm elections

November 4, 2026. U.S. stocks climbed strongly in the session following the midterm elections. At about noon Eastern time, the Dow Jones Industrial Average was up 2.9%, the S&P 500 gained 1.8%, and the Nasdaq Composite rose 2.1%, according to Associated Press. These intraday figures can change before the close.

Why it matters

The moves came as investors evaluated election projections pointing to Democratic majorities in both chambers of Congress. Solar-energy shares and some healthcare businesses were among the gainers, while some AI-related and defense companies declined, AP reported.

Rockstar Briefing analysis

Divided control of Congress could change the legislative outlook, but attributing the entire market move to the election would oversimplify the session. Corporate earnings, interest rates and oil prices also matter; intraday gains do not guarantee a positive close or future returns.

Sources: Associated Press market report and The Wall Street Journal market coverage.