The Dow Jones Industrial Average rose 3.03% to 53,356, its best post-midterm performance in 44 years, while the S&P 500 gained 1.59% to 7,689 and the Nasdaq Composite rose 1.44% to 25,737 as election uncertainty faded. Gold climbed 3.38% to $4,073.70, and the 10-year Treasury yield fell about 6 basis points to 4.89%. McDonald's rose 6.53% after upbeat quarterly earnings, while Trump Media & Technology Group (DJT) plunged nearly 17% following the midterm results. The article notes that stocks have often performed well after midterm elections, and a divided Congress could limit major changes to fiscal and regulatory policy. Still, persistent inflation, concerns over AI infrastructure spending, and uncertainty about Federal Reserve policy remain important risks.
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 766.73 |
| Change that session | +1.64% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 691.95 |
| Change that session | +0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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