# Democrats’ midterm triumph sends US stocks soaring, but Tesla and SpaceX fall

https://mins.news/en/item/129225

- South China Morning Post, 2026-11-04 15:06 UTC
- Economy
- Original: https://www.scmp.com/business/companies/article/3373309/democrats-midterm-triumph-sends-us-stocks-soaring-tesla-spacex-fall

> US stocks rose at Wednesday’s open after Democrats’ decisive midterm victory eased some of the political uncertainty weighing on Wall Street. The S&P 500 gained 1.1%, the Dow Jones Industrial Average 1.9% and the Nasdaq Composite 1.1%. AI stocks fell amid heightened expectations.

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