Dow Soars 1,200 Points, S&P 500 and Nasdaq Jump 2% as Wall Street Celebrates Midterm Results

This article first appeared on GuruFocus. A broad shift in U.S. stocks followed the midterm elections Wednesday, with investors buying shares across several industries as the new balance of power in Washington came into focus. The Dow Jones Industrial Average advanced 1,200 points, or 2.3%, in Wednesday trading. The S&P 500 rose 1.8%, while the Nasdaq Composite added 2%. Warning! GuruFocus has detected 6 Warning Signs with DOW. Is DOW fairly valued? Test your thesis with our free DCF calculator.DOW GF Value chart Democrats secured control of the House and Senate, setting up a divided government that could make major policy changes harder to push through.