Dow Jumps 1,500 Points as Oil Slides After Democrats Sweep Congress
U.S. stocks surged and oil prices fell as investors reacted to Democrats taking control of both chambers of Congress. The Dow rose about 1,500 points, or 3%, while the Nasdaq traded nearly 2% higher.
By Alexander Osipovich and Joe StonorU.S. stocks are surging and oil prices falling as investors react to a blue wave that puts Democrats in control of both chambers of Congress.The Dow jumped about 1,500 points, or 3%; the Nasdaq traded nearly 2% higher as stocks recovered from an off-hours slide…