Markets: U.S. stocks rise as market takes positive view of election

4:30 pm ET Nov 8, 2006

DJIA

12,176

+19.77
_____
S&P

1,385

+2.88
_____
NASDAQ

2,384

+9.06
_____
10Yr

4.63%

-0.026
_____
U.S. stocks rise as market takes positive view of election

NEW YORK
U.S. stocks ended higher Wednesday, with the Dow Jones Industrial
Average setting a new record close, after investors concluded that
little market-moving legislation is likely to come out of the new
Democratic party-controlled House of Representatives and a Senate whose
leadership remains uncertain.
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Defense Secretary Rumsfeld resigns; Bush names successor

WASHINGTON
A day after voters angry about Iraq ousted Republicans from control of
the U.S. House of Representatives, President Bush announced that Defense
Secretary Donald Rumsfeld would leave the Pentagon.
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Republicans got a thumpin'; Rumsfeld, Hastert step aside

WASHINGTON
After receiving what President Bush called a "thumping" in Tuesday's
election, the Republicans in Washington looked to new leaders on
Wednesday to deal with a newly empowered Democratic Party on Capitol
Hill.