Stocks Rise 1.58% as Democrats Are Projected to Win Congress

The S&P 500, an index of 500 big US companies, rose 119.81 points, or 1.58%, to close at 7,688.73 on November 4, 2026, according to Reuters. Democrats were projected to win the House and Senate. Investors bet that a divided Washington would limit big policy changes. Gridlock means lawmakers blocking each other. Mark Hackett said, "Gridlock is the market's friend."