Stocks jump as America awaits the midterm election results
|11/07/2018||Posted by BusinessMediaguide.Com under General World News||
- Stocks rose as Americans cast ballots across the country.
- Technology stocks had fallen a day earlier on iPhone demand concerns.
- Follow US stocks in real time here.
Stocks rose Tuesday as the technology sector staged a recovery and as earnings season elevated Wall Street hours before polling stations were scheduled to begin closing around the US, with investors bracing for the possibility of a changing power balance in Washington.
The Dow Jones Industrial Average rose 0.69%, and the S&P 500 gained 0.63%. The Nasdaq Composite jumped 0.64% as technology stocks recovered after iPhone demand concerns dragged the sector down Monday.
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