Dow Surges 1,500 Points on Midterm Results and Hopes the Iran War Ends Sooner

The Dow Jones rose 1,500 points on Nov. 4, 2026, its best day since April 2025, CNBC reported. It followed Democrats winning both chambers of Congress in midterms. The S&P 500, a broad US stock index, gained 1.6%, per The Wall Street Journal. Bloomberg tied the rally to hopes the Iran war could end sooner, pushing oil down.