Stocks soared Wednesday after Tuesday's midterm elections offered little room for challenge on integrity grounds and left no question about control of Congress for the next two years. Indeed, President Donald Trump has said he will accept the results and work with Democrats over the balance of his term.

"We'll, you know, look forward to working with them," he said in an interview with The New York Times . "We'll probably work something out." At almost the same time, Trump posted an image of a MAGA-red "VETO" hat on Truth Social .

Note that Trump Media & Technology Group ( DJT ) was down 24.5% to close at $4.49 on Wednesday. The communication services stock has been in a steady slide since hitting an all-time high of $79.38 on March 26, 2024.

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