Financial Markets Wall Street

Traders work on the floor of the New York Stock Exchange, Tuesday, Nov. 5, 2024.

NEW YORK — U.S. stocks rallied Tuesday as voters headed to the polls on the last day of the presidential election and as more data piled up showing the economy remains solid.

The S&P 500 rose 1.2% to pull closer to its record set last month. The Dow Jones Industrial Average climbed 427 points, or 1%, while the Nasdaq composite gained 1.4%.

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