US markets rise as Democrats sweep midterm elections
- Tech stocks lead US market slide as investors weigh impact of midterm election results on AI industry.
- United States markets slid on Thursday, with losses in US chip and data centre-related stocks fuelling pressure on the technology sector following Democrats’ sweeping midterm election wins.
- The tech-heavy Nasdaq was down 4.8 percent in midday trading, while the S&P 500 fell 3.6 and the Dow Jones Industrial Average slid 2.8 percent.
Confirmed
- Tech stocks lead US market slide as investors weigh impact of midterm election results on AI industry.
- United States markets slid on Thursday, with losses in US chip and data centre-related stocks fuelling pressure on the technology sector following Democrats’ sweeping midterm election wins.
- The tech-heavy Nasdaq was down 4.8 percent in midday trading, while the S&P 500 fell 3.6 and the Dow Jones Industrial Average slid 2.8 percent.
Sources: Al Jazeera