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Dow surges 3% for best day in 18 months after Democrats win Congress control

Market News
04 Nov 2026, 23:29 WIB
Market Watch
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Bullish
Dow surges 3% for best day in 18 months after Democrats win Congress control

Stocks rallied strongly with the Dow Jones Industrial Average rising 1,569 points (3%) to 53,356.12, marking its best day since April 2005. This surge followed Democrats securing control of Congress, boosting optimism for a quicker resolution to the Iran war. Oil prices dropped and bond yields fell amid the relief rally, signaling investor confidence in reduced geopolitical risks and potential policy shifts under Democratic leadership.

The Dow Jones Industrial Average's best day in 18 months provides context for market sentiment. For readers following US stocks on Pluang, here is the market snapshot as of Nov 05, 2026 04:02 WIB: out of 150 priced stocks, 91 rose and 57 fell. Notable movers include Moderna (MRNA) with a 1-day change of +12.97% at USD 258.08, LYFT up 12.30% at USD 18.72, and Novavax (NVAX) rising 9.92% at USD 10.64.

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