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2026-11-05T17:59:38.000Z

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Blue Wave Rattles Markets

Blue Wave Rattles Markets

U.S. stocks fell after midterm election results raised investor concerns that a Democratic Congress could curb data-center and artificial-intelligence development. Around 12:35 p.m. ET, the Nasdaq was down 4.88%, the S&P 500 3.6% and the Dow 2.84%; the Nasdaq briefly entered correction territory, 10% below its recent high. Analysts said delays or cancellations of data-center projects could affect technology suppliers and construction, while investors also watched potential impacts on health care and defense.

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