# U.S. stocks surge, and the Dow soars 1,500 points as Brent oil’s price drops below $95 per barrel

- URL: https://talkfuse.com/story/u-s-stocks-surge-and-the-dow-soars-1500-points-as-brent-oils-price-drops-below-95-per-barrel/
- Published: 2026-11-04T20:47:45+00:00
- Updated: 2026-11-05T03:39:27+00:00
- Original publisher: PBS NewsHour (publisher lean: Centre)
- Original article: https://www.pbs.org/newshour/economy/u-s-stocks-surge-and-the-dow-soars-1500-points-as-brent-oils-price-drops-below-95-per-barrel
- Topics: Business, Elections, Government, Markets, Politics

## Key points

- The Dow gained 1,519 points after the midterms.
- Brent crude fell below $100 a barrel.
- Trump Media dropped 16.6% as investors weighed political risks.

## Summary

US shares rose sharply after Republicans lost their sole control of Congress in the midterm elections, with the Dow up 1,519 points and Brent crude falling below $100 a barrel. The moves reflect investors reassessing which businesses and policies may benefit from the result, although strategists cautioned that company earnings and interest rates are more important to markets over time.

At 2.06pm Eastern time, the S&P 500 was up 1.8%, the Dow 2.9% and the Nasdaq 1.9%. Solar firms, dollar stores and hospital owners advanced, while Trump Media fell 16.6%; Tesla and SpaceX also declined. Analysts said divided control of Washington can limit major policy shifts, but uncertainty remains over possible changes to AI regulation, tariffs and trade.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.