At market close, the Dow Jones Industrial was up 370 points, or 1.4 percent, the S&P 500 was up 74 points, or 2.2 percent, and the NASDAQ was up 430 points, or 3.9 percent.
As of Wednesday morning, markets seemed to rise with the prospect of a divided government, which would hamper the political agenda for either Democratic presidential nominee Joe Biden, should he win the Electoral College, or President Trump should he win a second term.
One of the main questions in the air is the fate of a potentially enormous COVID-19 stimulus package, which officials such as Federal Reserve Chairman Jerome Powell say is crucial to the economic recovery.
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