U.S. STOCKS RALLY AFTER MID-TERM VOTE (STA BREAKING NEWS and ARCHIVES)

by STANews , Wednesday, November 05, 2014, 16:20

(Close): Stocks on Wall Street closed higher with investors relieved that the mid-term elections produced a clear result.

The Dow Jones and S&P 500 hit fresh records.

Sentiment was also boosted by an upbeat jobs survey, raising hopes that the official payroll figures on Friday will be strong.

The Dow Jones closed after adding 100.69 points at 17,484.53.

The broad-based S&P 500 rose 11.47 points to 2,023.57 while the Nasdaq lost early gains and fell 2.91 points to 4,620.72.

Energy shares rose on hopes that the Republican majority in the Senate could lead to new energy-friendly legislation.

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http://www.bbc.com/news/business-29918533