IOO.AX is trading at A$202.35, up 3.18%, as Democrats’ congressional sweep eased political uncertainty and lifted global risk appetite. - On November 4, the S&P 500 rose 1.6%, while the Nasdaq gained 1.4%. - Lower oil prices and Treasury yields, alongside hopes for policy gridlock and reduced tariff uncertainty, supported the broad-market rally. - The listed price is live-trading context; this broad-market catalyst is not evidence that a single holding drove the move.