Stocks plunge as Dem midterm sweep fuels AI regulatory concerns
Investors sold AI and chip shares as they weighed the risk of tighter regulation and slower data center growth, with the Nasdaq entering correction territory.
- On Wednesday, President Donald Trump celebrated record stock-market gains, one day after voters handed Democrats control of both chambers of Congress—an outcome he had repeatedly warned would trigger economic disaster.
- The Dow Jones Industrial Average jumped more than 1,500 points Wednesday, its best day since April 2025, as analysts cited expectations of divided government, lower oil prices, and reduced concerns about Iran war escalation.
- In midday trading Thursday, the Nasdaq Composite dipped about 4 percent and fell more than 10 percent below October records. Investors stepped back over concerns that Democratic control could slow semiconductor buildout.
- Trump indicated he would accept election results and work with Democrats, despite warning voters on October 26 that a Democratic victory would produce a "1929-style economic depression." He claimed the Wednesday gains proved his economic success.
- Following the midterm losses, the president distanced himself from the Republican Party's performance, blaming specific candidates and Fox News. The Democratic Party now controls both the House of Representatives and the Senate.
185 Articles
185 Articles
PRESS REVIEW. Following the results of the mid-term elections, the indices of the technological giants collapsed on the stock market, with investors fearing that several elected officials will execute their promise. But the road is still long before a regulation of the C-sector is a plunge of $3200 billion. On Thursday, the actions of the US technology giants, linked to artificial intelligence and semiconductors, have suffered a dizzying fall in…
Trump blames voters for post-midterm market ‘crash’
President Donald Trump blamed the current stock market volatility on voters electing Democrats in the 2026 midterm elections. “The Stock Market crashed today because the Dumocrats had a big Tuesday — So sad to see, you only have yourselves to blame!” Trump wrote on Truth Social. Democrats retook the majority in both the House and […]
United States President Donald Trump has blamed Democrats for the sharp decline in U.S. stock markets following their midterm election victory. In a post on Truth Social, he said the market crashed because of the vote, writing: “The stock market crashed today because the Democrats had a big Tuesday. So sad to see, it’s all your fault!” Trump used the insulting term “Dumocrats” to refer to the Democratic Party. The November 5 plunge came two days…
Nasdaq down 5.52%, South Korea down 8% and Japan down 6%, fears over investments in artificial intelligence - "We will come back stronger," assures US president
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