Dow scores its best day in 18 months in a broad relief rally after Democrats sweep to power in Congress
Summary
US stocks achieved their strongest single-day performance in a year and a half during a broad market rally. Meanwhile, bond yields declined and oil prices dropped sharply following the Democratic victory in Congress and renewed hope for an earlier conclusion to the Iran conflict.
Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.
Source: Read the full story at MarketWatch.com - Top Stories
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