Day in review
Treasury Yields Drop; Stocks Rally
Written Nov 4November 4 2026 – The 10‑year Treasury yield fell 5 basis points to 4.90%, while the 30‑year slipped 4 basis points to 5.28% and the 2‑year dropped 3 basis points to 4.58%; the 3‑month remained unchanged at 4.21%. The 2s10s spread measured 0.32 percentage points. Euro‑area inflation rose to a 4 % flash estimate for October, up from 3.8 % in September, and the broad U.S. dollar index was 121.6656, up 0.28 % over the prior week.
Stocks rallied, with the Dow gaining roughly 1,500 points, a move described as a “broad relief rally” after Democrats secured control of Congress. The market narrative highlighted a sharp midday surge that positioned the Dow for its best day of 2026, and the closing wrap reiterated the Dow’s 1,500‑point advance.
AI-generated from this record only and gated so that every figure appears in it. Informational only — not investment advice.
Index charts
daily chart on TradingView, opens at todayResults reported that day
125 companies filed results with the SEC.
Offerings priced that day
2 final prospectuses filed on Form 424B4, which covers first-time listings and follow-on offerings alike.
Filings from the SEC's EDGAR system, which is public domain.
How the day unfolded
23 summaries generated that day- Pre-open outlook3:01 AM ET
Futures are pointing lower as the AI trade takes a political hit, with Nasdaq futures down 2% after Democrats swept Congress in the midterm elections. Attention turns to Friday's US jobs report.
- Midday check12:01 PM ET
US stocks are sharply higher in midday trading, with the Dow jumping 1,500 points and heading for its best day of 2026 after Tuesday's midterm elections. Chip stocks are falling as election results rattle investors, while AI data center stocks and SpaceX decline on risks of a slowdown. CVS Health reported third-quarter total revenues of $108.4 billion, up 5.4% year-over-year, with adjusted EPS of $2.09, as its shares fell 10% on plans to split off its drugstore business. The US jobs report lands Friday.
- Closing wrap6:31 PM ET
Stocks soared Wednesday as Democrats' sweep to power in Congress sparked a broad relief rally, with the Dow booking a 1,500-point gain. Oil prices are in freefall, with Democrats' sweep "rewriting the Iran playbook,". The 10-year Treasury yield ended Wednesday at 4.90%, down 5 basis points from Tuesday. Attention turns to Friday's US jobs report, the next major test for markets.
AI-generated as the day ran, from the data of each moment; corrections keep the original one click away. Informational only — not investment advice.
Headlines of the day
- 3:01 AM ETLive updates: Nasdaq futures down 2% as AI trade takes political gut punch — MarketWatch
- 3:01 AM ETLive updates: Dollar dives, Treasury yields fall as election polls start closing — MarketWatch
- 3:01 AM ETTreasury yields fall as investors crowd into bonds for safety amid election stock sell-off — CNBC
- 3:01 AM ETGold surpasses $4,000 mark after midterm election: markets live — MarketWatch
- 3:01 AM ETAMD stock jumps 8% on earnings as data center revenue nearly doubles — CNBC Earnings
- 3:01 AM ETShopify falls over 8% after Q3 revenue and merchandise volume miss estimates — CNBC Earnings
- 3:31 AM ETGold, silver and precious metals prices jump, dollar dips as Democrats take control of Congress — CNBC
- 4:01 AM ETNovo shares jump 6% as Wegovy pill sales impress, drugmaker hikes outlook — CNBC Earnings
- 5:01 AM ETDow futures now point to 500-point opening gain: markets live — MarketWatch
- 5:01 AM ETJPMorgan strategists say midterm election was a 'clearing event': markets live — MarketWatch
- 7:01 AM ETJob openings posted big September gain in positive sign for labor market ahead of payrolls report — CNBC Economy
- 7:01 AM ETEuro zone inflation hits 4% for first time in three years as interest rate hike looms — CNBC Economy
- 7:31 AM ETEconomic report: ADP jobs report and manufacturing, trade data coming — MarketWatch
- 7:31 AM ETCVS to split off drugstore business in major breakup of healthcare giant — CNBC
- 8:04 AM ETThink the Fed will be done after two more rate hikes? How Friday’s jobs report may trigger a major market repricing. — MarketWatch
- 9:01 AM ETTesla and SpaceX shares slide as Musk’s political push falls flat — MarketWatch
- 9:01 AM ETPrivate companies added 86,000 jobs in October, slightly higher than expected, ADP says — CNBC Economy
- 9:33 AM ETHere's the silver lining to the AI trade after the Democratic sweep — MarketWatch
- 10:01 AM ETDow opens 1,000 points higher, heading for one of its top days of 2026 — MarketWatch
- 10:31 AM ETDatadog’s stock extends steep declines in the wake of earnings — MarketWatch
- 11:06 AM ETMicron and other chip stocks slip as election results strike at the core of data-center optimism — MarketWatch
- 12:01 PM ETDow jumps 1,500 points, heading for best day of 2026 — live updates — MarketWatch
- 12:01 PM ET5 midterm election takeaways: Tech billionaires suffer as Democrats drub Republicans — CNBC
- 12:01 PM ETChip stocks are falling today as election results rattle investors — MarketWatch
- 12:01 PM ETAI data center stocks and Musk's SpaceX decline as Texas governor result raises risks of a slowdown — CNBC
- 2:01 PM ETThese stocks are today's big winners and losers after Democrats trounced Trump — MarketWatch
- 2:01 PM ETThese stocks have soared the most today after the Democrats trounced Trump — MarketWatch
- 2:31 PM ET4 market-moving issues investors should watch now that the midterms are over — MarketWatch
- 2:31 PM ETAnalysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it — CNBC World
- 3:31 PM ETDow, Nasdaq and S&P 500 soaring in final hour as Wall Street reacts to blue wave — MarketWatch
- 3:31 PM ETHyperscalers and Apple surge after election results remove investor uncertainty — CNBC World
- 3:31 PM ETAs Vistra and other energy stocks slide, some analysts warn of an ‘excessive knee-jerk’ reaction — MarketWatch
- 4:02 PM ETOil prices are in freefall, with Democrats’ sweep ‘rewriting the Iran playbook’ — MarketWatch
- 4:02 PM ETDemocrats take Congress in a blue wave. Here's what it means for your money — CNBC
- 4:31 PM ETDow books 1,500-point gain, stocks soar after Democrats gain control of Congress — MarketWatch
- 4:31 PM ETApple cements its status as tech’s biggest heavyweight with the stock’s best day in over a year — MarketWatch
- 4:31 PM ETQualcomm stock drops 5% on weak earnings forecast as memory shortage weighs on smartphone sales — CNBC Earnings
- 5:01 PM ETWhy Democrats' sweep to power in Congress sparked a broad relief rally Wednesday — MarketWatch
- 6:01 PM ETFigma sinks after earnings beat as company prioritizes long-term growth with AI changes — CNBC Earnings
Where the week stood at the close
Democrats' Sweep Sparks Stock Surge
6:46 PM ETStocks soared Wednesday as Democrats' sweep to power in Congress sparked a broad relief rally, with the Dow booking a 1,500-point gain. The S&P 500 and Nasdaq 100 posted gains Tuesday while the Dow slipped nearly 200 points, with the rebound attributed to climbing tech stocks; AMD's earnings spurred a 7% jump in its share price, while Apple cautioned about unpredictable AI agents. The 10-year Treasury yield ended Wednesday at 4.90%, down 5 basis points from Tuesday, after closing Monday at 4.91%. Oil prices are in freefall, with Democrats' sweep "rewriting the Iran playbook," traders also weighed a 7% selloff in crude earlier in the week on Iran peace talk hopes. The US jobs report lands Friday, along with the UMich consumer sentiment preliminary reading. The Bank of England's monetary-policy decision is scheduled for Thursday.
AI-generated at that day's close, from the week's data to that point. Informational only — not investment advice.