NEW YORK | US stocks surge after midterms; tech and health care jump

NEW YORK | US stocks surge after midterms; tech and health care jump

NEW YORK  — Stock and bond prices are climbing Wednesday after the U.S. midterm elections generally went the way investors expected they would. Big-name technology and consumer companies are making some of the largest gains.

Democrats won control of the House of Representatives while Republicans kept a majority in the Senate, as most polls had suggested. It’s not clear how the divided Congress will work with Republican President Donald Trump, but if the possibilities for compromise and big agenda items seem limited, Wall Street is fine with that because it means politics is that much less likely to crowd out the performance of the strong U.S.

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