US stocks surge, Brent oil's price drops below $95 per barrel

Korea Times News ·
Economy Markets United States

NEW YORK — U.S. stocks are soaring Wednesday after President Donald Trump’s party lost its sole control of Washington in the midterm elections. Stocks generally do well in the months following any midterm U.S. election, regardless of who wins, and the S&P 500 jumped 1.8 percent. The Dow Jones Industrial Average was up 1,524 points, or 2.9 percent, as of noon Eastern time, and the Nasdaq composite…

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