U.S. stocks surged on Wednesday after Democrats' sweeping win in the midterm elections, with the Dow Jones up 3.2%, the S&P 500 up 1.8% and the Nasdaq Composite up 1.4%. The article notes that since 1980 the S&P 500 has averaged a 13.7% gain in the third year of a presidential term, with positive returns 78%-91% of the time depending on the period cited. From the week before the midterms to the end of the following year, about 14 months, the S&P 500 has risen in each of the last 19 cycles, with an average gain of 20.3%. Other factors cited include a divided government and reduced election uncertainty. The author stresses these are only historical averages that cannot protect against black swan events or structural challenges, while nine of 11 sectors rose on Wednesday.
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S&P 500midterm electionsDemocratic PartyDow Jones
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 691.95 |
| Change that session | +0.97% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 766.73 |
| Change that session | +1.64% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/04/2026 | 200.28 |
| Change that session | -3.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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