U.S. stocks rose strongly Wednesday as investors piled into technology and health care sectors after midterm elections led to a divided Congress as expected and fueled bets that tighter regulations would be harder to push through.
At 11:37 a.m. EDT the Dow Jones Industrial Average was up 277.15 points, or 1.08 percent, at 25,912.16, the S&P 500 was up 35.68 points, or 1.29 percent, at 2,791.13 and the Nasdaq Composite was up 134.70 points, or 1.83 percent, at 7,510.67 .
The S&P index recorded 28 new 52-week highs and three new lows, while the Nasdaq recorded 53 new highs and 46 new lows.
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