U.S. stocks get election day bounce

The stock market is up this morning as traders show a dose of election day optimism. The Dow Jones is up 2.79 percent, or 260 points, to 9580.04. The tech-heavy Nasdaq is up 2.71 percent, or 46.84 points, to 1773.17. The broader S&P 500 is up 3.46 percent, or 33.43 points,  to 999.73.

The Wall Street Journal said that stocks were poised to make their biggest presidential gain on record. The market has retreated slightly since that story appeared, but the the market gain remains, so far, above the record. The markets used to be closed on election day, but they have been open since 1984. On that day, when Reagan trounced Mondale, stocks rose 1.2 percent.

Here’s how some key tech stocks are faring:

Amazon, up 3.05 percent, $55.54

Applied Materials, up 3.01 percent, $13.35

Google, up 5.41 percent, $365.22

Intel, up 3.96 percent, $16.28

Microsoft, up 3.36 percent, $23.38

Seagate, down 0.18 percent, $5.48

Yahoo, up 4.31 percent, $13.30

Next Story: Election Day (search) results: America is voting, hungry and loves Chuck Norris
Previous Story: Reader poll: Who did you vote for in the presidential election?