Dow Jones Surges 750 Points After Election; UnitedHealth and Tech Giants Rally; Caterpillar Stock Sinks
Votes are still being counted in key battleground states, and it may be days before a winner emerges in the presidential election. But that uncertainty didn't stop the stock market from soaring on Wednesday. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up about 2.5% at 1:25 p.m. EST.
Shares of UnitedHealth (NYSE: UNH) and tech giants Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and salesforce.com (NYSE: CRM) were big gainers. Meanwhile, Caterpillar (NYSE: CAT) was the Dow's biggest loser as the potential for a major infrastructure bill faded.
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Source Fool.com
