Democrats took control of both chambers of Congress in Tuesday’s midterm elections, and stocks rallied on Wednesday morning after the results, The Hill reported. The report, written by Max Rego, said the Dow Jones Industrial Average was up 1,104 points nearly 30 minutes after the opening bell. It said the Nasdaq Composite and S&P 500 were up by more than 500 and 120 points, respectively.
The Guardian reported that Democratic leaders and seat-flipping victors offered post-election comments on Tuesday’s results, which it described as a “blue tsunami.” The article, written by Edward Helmore, gathers remarks from 11 Democrats, according to its headline.
The Guardian said the results reflected a broad repudiation of Donald Trump, his policies and the Republican party. It said that repudiation focused on Trump’s personal unpopularity, high costs of living and the Iran war. According to The Guardian, the results offer Democrats an opportunity to reset the domestic agenda, and its article asks what they will do with that opportunity.
The two reports cover different aspects of the outcome. The Hill’s report focused on the market reaction, while The Guardian’s focused on political responses. The available summary of The Hill’s report does not state where the market finished the day. Both reports carry publication timestamps of November 4, 2026.
Sources: The Guardian: ‘We want our taxes spent here’: 11 Democrats weigh in after sweeping the US midterm elections; The Hill: Stocks rally after Democrats march to midterm victories.