Dow ends more than 300 points higher as investors await midterm election results

U.S. stock indexes ended with gains Tuesday as investors awaited the outcome of midterm congressional elections and looked ahead to a consumer price index reading later this week. Equities shrugged off a mid-afternoon dip that came as crypto assets fell sharply in the wake of a planned Binance-FTX merger that investors feared could sow more chaos into the market for digital assets. The Dow Jones Industrial Average
DJIA,
+1.02%
rose around 334 points, or 1%, to end near 33,161, according to preliminary figures, while the S&P 500
SPX,
+0.56%
advanced around 21 points, or 0.6%, to finish near 3,828. The Nasdaq Composite
COMP,
+0.49%
finished near 10,616, up 52 points, or near 0.5%.