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Stocks Are Rallying, Oil Is Tumbling, Gold Is Tanking

Sam RoNov 5, 2014, 20:13 IST

US stocks are in the green.

The Dow is up 70 points and the S&P 500 is up 9 points. Both indices are up by 0.4%.

Both are within points of an all-time high.

Meanwhile, gold and oil are plunging. Gold fell 2% to as low as $1137/oz, the lowest level since 2010. WTI crude oil got as low as $75.84/barrel.

All of this comes after Tuesday's US midterm election results, which ended with Republicans taking a majority in Congress.