Stocks plunge as Dem midterm sweep fuels AI regulatory concerns
- 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.
330 Articles
330 Articles
Only two days after the interim elections, Tech shares in the USA break in, stock exchanges worldwide follow. The recovery rally after the Midterms is short-lived. Why are Tech values now on a downhill run?
Wall Street suffers its worst collapse since the pandemic and Asian stock exchanges sink in fear of Democrats imposing restrictions on these facilities and increased vigilance in the development of IASpain leads the first European mobilisation against data centers: “The AI promises are false” The Democratic Party’s victory in the US mid-term elections has caused panic in the artificial intelligence bubble.
Following the Democrats' victory in the US midterm elections, Wall Street experienced a sharp sell-off, led by technology stocks. The Nasdaq fell 5.5%, entering a technical correction zone, wiping out approximately $2.5 trillion from the market in a matter of hours. The sell-off spread to Asian and European markets. US President Donald Trump blamed the Democrats for the market decline.
Wall Street's euphoria for the result of the mid-term elections lasted a short time, crumbling under a violent current of sales on hi-tech titles. At the end of the last session the Nasdaq, which brings together the major non-financial titles of the list, sold 5.52% in wake to the strong declines of the chip companies [...] The article Midterm, the US Stock Exchange collapses: the titles of the AI in deep red. And Trump attacks the voters Dem: "…
US President Donald Trump said people who voted Democrat could be responsible for the decline in US stocks. He wrote it on the Truth Social network. In Tuesday's congressional elections, the Democratic Party overwhelmingly controlled both the elections to both houses of Congress and the gubernatorial ones. US stocks, meanwhile, experienced their biggest slump in 18 months.
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