Business · Markets · 15 hrs ago
US stocks rise after election as Tesla and Trump Media shares fall
US stocks rose after Democrats made strong gains in midterm elections, as investors considered what the results could mean for President Donald Trump’s policies.
The S&P 500 gained 1.1% in early trading, the Dow Jones rose 983 points and the Nasdaq gained 1.7%.
Tesla, SpaceX and Trump Media shares fell, while solar and wind energy companies’ shares rose.
Investors saw a divided government as a possible check on major policy changes that could unsettle businesses and the economy.
The account is unclear about control of Congress: it says Democrats won majorities in both chambers, but also says they lack a Senate majority able to overcome a legislative block.
Trump retains executive powers in areas including defence, foreign policy and some trade matters, so the policy effects remain uncertain.
Investors will keep watching how the political shift affects sectors, including energy, defence and artificial intelligence, where rules and data-centre projects are concerns.
US stocks rose sharply on Wednesday as investors assessed the results of the US midterm elections.
The S&P 500 gained 1.1% in early trading, the Dow Jones Industrial Average rose 983 points and the Nasdaq Composite climbed 1.7%.
Tesla shares fell 5.1%, while Trump Media shares dropped 11%.
SpaceX shares fell 5.8% to their lowest level since August.
Investors saw divided control in Washington as potentially limiting major policy changes that could unsettle the economy or companies.
- Who
- US investors and companies including Tesla, SpaceX and Trump Media.
- What
- US stocks rose after the midterm elections, while shares in companies linked to Elon Musk and Donald Trump fell.
- When
- Wednesday, November 4, 2026.
- Where
- US stock markets.
- Why
- Investors assessed how the election results could affect economic and trade policies. Some saw divided control in Washington as limiting major policy changes.
This story does not have two clearly opposing sides.
The results produced Democratic majorities in both chambers of Congress, according to the article.
US stocks rose as investors assessed the results and their possible effects on policy.
- S&P 500
- Rose 1.1% in early trading
- Dow Jones Industrial Average
- Rose 983 points
- Nasdaq Composite
- Rose 1.7%
- Tesla
- Shares fell 5.1% in early trading
- Trump Media
- Shares fell 11%
- SpaceX
- Shares fell 5.8% to their lowest level since August