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US stocks opened higher on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome.

The Dow Jones Industrial Average rose 153.45 points, or 0.60 percent, at the open to 25,788.46. The S&P 500 opened higher by 18.68 points, or 0.68 percent, at 2,774.13. The Nasdaq Composite gained 70.13 points, or 0.95 percent, to 7,446.09 at the opening bell.