Nov 7, 2018

Stocks have best post-midterm rally in over 30 years

Traders on the stock exchange floor

Photo: Drew Angerer/Getty Images

The Dow Jones Industrial Average closed up more than 540 points, while the S&P 500 and the Nasdaq both rose over 2% on Wednesday.

Why it matters: Per CNBC, the Dow and S&P 500 saw their best post-midterms performance since 1982 because "Trump indicated he is willing to work with Democrats on policy initiatives that would help the economy keep growing."

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