U.S. stocks rose on Wednesday, a day after Republicans won control over the U.S. Senate following elections, which historically bring along healthy equity returns In U.S. economic news, private employers exceeded estimates last month by adding 230,000 jobs, the largest gain since July, according to the ADP National Employment report. The job market continues to grow despite the service sector reporting less positively than expected. The U.S. dollar gained against major world currencies. Light sweet crude oil for December delivery rose $1.49 to $78.68 a barrel on the New York Mercantile Exchange, while gold fell $22.00 to $1,145.70 an ounce. The Dow Jones industrial average rose 100.69, or 0.58 percent, to 17,484.53. The broader Standard & Poor's 500 index rose 11.47, or 0.57 percent, to 2,023.57. The technology-heavy Nasdaq composite index fell 2.91, or 0.06 percent, to 4,620.72.
