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Sunday, 8 November 2026 IST

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Correction? AI stocks tumble post midterms

US stock market update: Dow Jones rallies today after Democrats win Congress - Democrats have won both the Senate and the House, and the stock market liked it.…

Correction? AI stocks tumble post midterms
Correction? AI stocks tumble post midterms — image via Economic Times — Credit: Economic Times

Attributed summary

US stock market update: Dow Jones rallies today after Democrats win Congress - Democrats have won both the Senate and the House, and the stock market liked it. By 10:44 am ET on Wednesday, the Dow Jones was up 1,245 points, or 2.40%, at 53,032. The S&P 500 rose 1.52% and the Nasdaq gained 1.82%. But not every stock joined in. Data centre companies, Tesla and SpaceX fell. Democrats made…

Read the original report — Economic Times

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