Stock market rallies, oil prices drop, after midterm elections swing Congress

Summary

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%.

NEW YORK (AP) — 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, a... [6279 chars]