Stocks

___ Tech and health care lead US stock surge after midterms NEW YORK (AP) — Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would.

Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would.

Investors are liking Congressional gridlock.

The latest on developments in financial markets (all times local): 1:45 a.m.

The outcome of the midterm elections was good for the stock market in general, mostly because it didn't produce any big surprises, but it was especially good for the health care industry and several other companies.

Stocks rally after midterm elections went as investors expected; Dow Jones Industrial Average gains 500 points.

Michigan will impose a 10 percent tax on marijuana-related transactions in addition to a 6 percent sales tax.

Washington gridlock is good for stocks.

Revenue at Fox's filmed entertainment division fell 7.5 percent to $1.82 billion, missing analysts' estimate of $1.95 billion.

Michael Kors Holdings Ltd. (KORS) on Wednesday reported fiscal second-quarter earnings of $137.6 million.

S&P 500 has gained 20 percent, over history, with a Democratic-controlled House and Republican Senate.

Revenue from Kors' European retail stores fell nearly 10 percent during the quarter ended September.

Asian shares were mixed Wednesday as the Democratic Party appeared on track to take back control of the U.S. House of Representatives, potentially putting a check on President Donald Trump.

U.S. stocks are rising Tuesday morning as technology stocks recover some of the big losses they took over the last month.

Investors around the globe are fixated on the U.S. midterms

The latest on developments in financial markets (all times local): 9:35 a.m.

FOX Business is covering the hottest races from the key states and the issues driving voters to cast their ballots red or blue.

The midterm elections are certain to have implications for Wall Street.

LIVE Midterm Election Coverage

U.S. stocks rose Tuesday as industrial and technology companies recovered some of the big losses they took over the last month.