Stocks rise as Americans head to the polls | CNN Business

The Dow was up almost 100 points, or 0.2% in late afternoon trading Tuesday. The S&P 500 and the Nasdaq both fell slightly. All three indexes were up more dramatically earlier in the day. But the Dow has now rallied nearly 1,000 points since Friday. Stocks first took off Friday after the jobs report showed solid gains in payrolls but also a slight uptick in the unemployment rate.

Investors are betting that Republicans will gain ground in the House and Senate and possibly even win control of both chambers of Congress. If that were to happen, President Biden and the rest of the Democrats will be faced with a divided government. That could lead to more gridlock, which Wall Street often cheers. Still, stocks have historically tended to rally following elections no matter who is in power or if the White House and Congress are both controlled by the same party.

Republicans are not just better for business, they are better for everyone VoteRed VoteRepublican GOP

RedTsunami VoteRepublican

Yep, Wall Street knows the economy works better without the Dems controlling everything.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Stocks pare post-open gains as Americans head to the pollsMarketWatch Live: Stocks are on the rise as U.S. voters head to the polls Until the ballot dump at 2:00 am.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks open higher as Americans head to the polls for midterm electionsU.S. stocks opened higher Tuesday, with all three major benchmarks attempting a third straight day of gains as Americans head to the polls for midterm...
Source: MarketWatch - 🏆 3. / 97 Read more »

What midterm elections could mean for the US economy | CNN BusinessBrazilWasStolen HELP US Lula and our Supreme Court manipulated the results of the Brazilian's election. They had created a propitious environment to scrimp freedom and free speech. Now they turn Lula elected by a contaminated election. WATCH OUT! Left Midia are manipulating news Go vote republicans save America. Red wave means more money for the people
Source: CNN - 🏆 4. / 95 Read more »

iPhone factory workers in China offered bonuses to return to work | CNN BusinessOne of Apple’s largest suppliers is trying to strike a delicate balance in China.
Source: cnni - 🏆 326. / 59 Read more »