S&P 500 Rises 1.58% to 7,688.73 as Democrats Are Projected to Win Congress

The S&P 500, an index tracking 500 large US companies, gained 119.81 points, or 1.58%, to close at 7,688.73 on November 4, 2026, according to Reuters. Democrats were projected to win both the House and Senate, and investors bet a divided Washington would limit sharp policy shifts. Mark Hackett said, "Gridlock is the market's friend."