14 Hrs
Source:
The Boston Globe
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Source: The Boston Globe
14 HrsThe Boston Globe
Source: The Boston Globe
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Wall Street rallied Wednesday after Democrats took control of Congress, with the S&P 500 up 1.8 percent by midday. Oil prices fell nearly 9 percent amid expectations that the election result could reduce the likelihood of US escalation in Iran, lifting consumer-spending stocks while energy shares declined. Investors also shifted toward major technology companies and away from chipmakers, though analysts said the election did little to change the broader economic outlook.
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