Dow Jumps 1,143 Points After Democrats Win Congress
US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, while the S&P 500 and Nasdaq also posted strong gains. Healthcare stocks, including Molina Healthcare, Centene and HCA Healthcare, attracted fresh buying.
Context
Context: Congress makes laws and approves government spending, so investors often watch closely when control of it changes hands. Healthcare companies are especially sensitive to political decisions on government health programmes.
Burning Potato score: 55%