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Markets after the 2026 midterm elections

US stocks fell sharply on November 5 as AI data-center stocks led a sell-off after the midterms.

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Timeline

  1. Markets

    Dow posts its biggest gain since April 2025 the day after the midterms, as yields ease

    The Dow closed 3.0% higher at 53,356.12 on Wednesday, FRED data show, while the 10-year Treasury yield eased to 4.90%, the Treasury said.

  2. Markets

    S&P 500 has its worst day since April 2025 as AI data-center stocks lead a broad sell-off

    The Nasdaq composite fell 5.5% and the Dow 3.4% on Thursday, wiping out the post-election gain, as chipmakers and data-center suppliers fell most.

  3. Markets

    Kospi falls 7.4% and Nikkei enters a bear market as the AI sell-off reaches Asia

    Seoul halted trading for 20 minutes on Friday, CNBC reported, while the AP put the Kospi at 4,985.99 and the Nikkei 225 at 57,576.63 by midday.

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