Stocks jump, Dow hits record high as bank shares rally amid Georgia runoff results

Stock jumped Wednesday as traders awaited final results of the Georgia Senate runoff elections, which will determine control of Congress and shape policy decisions for the coming years.

The Dow and S&P 500 each jumped more than 1% to hit record intraday highs, as bank stocks helped fuel the advances. The Nasdaq stayed under some pressure, as markets took the increasing odds of a Democratic sweep in the Georgia Senate races as a possible sign for more anti-trust action against Big Tech…


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