IVV is trading at $771.62, up 1.56%, as investors welcomed election results confirming Democratic control of Congress and the prospect of divided-government gridlock and a more predictable policy outlook.
- Markets reversed early losses after President Trump accepted the results; lower Treasury yields and easing fiscal-spending concerns supported risk sentiment.
- Strong AMD growth expectations lifted semiconductor peers and supported technology shares.
- A narrower-than-expected trade deficit also supported sentiment.