Dow surges 1,000 points as Democrats take control of Congress

The Dow Jones Industrial Average surged 1,000 points at the open of trading on Wednesday morning, just hours after midterm election results showed Democrats had taken control of the U.S. House and Senate.

The S&P 500 climbed 1.1%, while the tech-heavy Nasdaq increased 1.1%. The Dow jumped 1,009 points, or 1.9%.

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