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Stocks rise on Dem win
U.S. stocks jumped at the start of trading Wednesday after Democrats won majorities in both the House and Senate and President Donald Trump accepted the results, easing concerns over political uncertainty. The Dow Jones rose more than 1,000 points, while the S&P 500 and Nasdaq each gained 1.2%. Shares across a range of sectors led the gains, while data center-related stocks fell amid concerns about new restrictions in Texas. West Texas Intermediate crude dropped 3%.
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