Stocks surged and oil prices fell as markets responded to the midterm rout

U.S. stock markets appeared Wednesday to be smiling upon the electoral “blue wave” — with most major indexes on the rise after Democrats won control of both the House and Senate.

Stocks surged and oil prices fell as markets responded to the midterm rout

TL;DR

  • Major U.S. stock indexes rose following the Democratic Party's electoral victories.
  • The S&P 500 saw its biggest one-day gain since August 2026, rising 1.6 percent.
  • The Nasdaq composite increased by 1.4 percent.
  • The Dow Jones Industrial Average recorded a 3.1 percent rise, its best performance since April 2025.