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The Marked Chart Wire · Markets
HotMidterms
The Nasdaq entered a correction phase following Democratic wins in the midterms, which investors view as a negative for the AI sector.
Part of a series: Democrats win midterms, markets react
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Midterms
US equities climbed following the midterm election results, shifting the market sentiment gauge into the fear range. Crude oil prices dropped while most industry sectors posted increases.
Midterms
The Dow rose 1,556 points to 53,342.88 following a decisive Democratic midterm victory and a drop in oil prices. WTI crude fell 7.92 percent to $88.48, while the VIX index declined 19.35 percent to 16.80.
HotAI Regulation
The Nasdaq Composite fell into correction territory as investors reacted to midterm election results and concerns over AI regulation. Nvidia, SanDisk, and Western Digital shares declined during the session.
HotAI
Tesla and SpaceX valuations declined, reducing their market value and Elon Musk's wealth, following a sharp AI-related selloff. Investors are questioning if Anthropic will list at a $1.5 trillion valuation.
Japanese Bonds
Japanese government bond yields dropped sharply on Friday, with the 10-year yield reaching its lowest point since June. The decline followed a significant sell-off in Wall Street technology stocks that pushed investors toward sovereign debt.
HotTech Sell-off
Dow Jones futures declined while technology shares rose following a 5.5 percent drop in the Nasdaq. Nvidia, Sandisk, CoreWeave, and SpaceX shares fell sharply.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.