Democrats Win Congress, Stocks Rally

U.S. stock markets rallied Wednesday after Democrats won control of both the House and Senate. The Dow Jones rose 1,245 points to 53,032, while the S&P 500 climbed 1.52% and the Nasdaq gained 1.82%. Bitcoin dropped by up to 2.8% before bouncing back beneath $76,000. President Donald Trump congratulated Democrats, and Texas governor pledged a data center moratorium.