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US stocks surge after midterm elections

U.S. stocks soared Wednesday after President Donald Trump's party lost its sole control of Washington in the midterm elections, with the Dow jumping more than 1,000 points and the market heading toward its best day in three months, the Korea Times reports. Stocks generally do well in the months following any midterm U.S. election, and Wall Street was sorting winners from losers after the Republican losses. Korean financial authorities had said Thursday they would closely monitor the impact of the elections on financial markets and take countermeasures if needed in the event of sharp fluctuations. Korean media coverage focused on the market rally and the election as a referendum on Trump's second term, with voters angry over high prices and an unpopular war with Iran.

  1. US stocks surge, Brent oil's price drops below $95 per barrel Korea Times · 2026-11-04
  2. US stocks rally, and the Dow soars more than 1,000 points Korea Times · 2026-11-04
  3. US stocks rally toward their best day in 3 months Korea Times · 2026-11-04
  4. Korea to closely monitor impact of upcoming US midterm elections Korea Times · 2026-10-29

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