Business · Markets · 18 mins ago
US stocks lose $2.5 trillion after Democrats win midterm elections
Democrats won control of both houses of Congress in the US midterm elections, giving them the power to block President Donald Trump's legislation.
US stocks lost about $2.5 trillion in paper value the day after the election, according to the story.
The biggest falls were among technology companies tied to artificial intelligence, including chipmakers Nvidia, Broadcom and Qualcomm.
Investors fear a Democratic-led government could slow data center construction, reducing demand for AI chips and other technology.
The Nasdaq fell 5.5% and the S&P 500 fell 4.3%, their worst one-day drops since Trump's tariff announcement in April 2025.
Trump blamed Democrats for the losses in a post on Truth Social and said the country would become stronger again.
The story gives no specific next steps, but markets will be watching whether Democratic policy affects data center spending.
US stocks fell sharply after Democrats won control of both chambers of Congress in the midterm elections.
The sell-off erased an estimated $2.5 trillion in market value, according to the Daily Mail.
The Dow Jones Industrial Average fell 1,833 points, while the S&P 500 dropped 4.36% and the Nasdaq fell 5.52%.
Technology and artificial intelligence-related shares led the losses amid concerns about possible changes to AI regulation and data center development.
President Donald Trump blamed Democrats for the decline and said Americans’ 401(k) savings had fallen.
- Who
- US stock markets and investors. President Donald Trump blamed Democrats for the losses.
- What
- Stocks plunged, with the Daily Mail reporting an estimated $2.5 trillion in paper losses.
- When
- Thursday, November 5, 2026.
- Where
- The United States.
- Why
- Investors were pricing in the midterm election results and weighing possible effects on AI regulation and data center development.
This story does not have two clearly opposing sides.
Stocks rallied after the midterm election results were released.
US stocks fell sharply, with the Dow down 1,833 points and the Nasdaq down 5.52%.
Trump blamed Democrats for the market decline in a Truth Social post.
- Estimated paper losses
- $2.5 trillion, according to the Daily Mail
- Dow Jones Industrial Average
- Fell 1,833 points, or 3.44%
- S&P 500
- Fell 4.36%
- Nasdaq Composite
- Fell 5.52%
- Democratic gains
- Control of both the House and Senate, according to the articles
3 sources
Trump culpa a demócratas por caída en Wall Street tras resultados de elecciones en EU
Trump blames Democrats for stock market plunge after sweeping midterm victories
Trump erupts at 'dumocrats' after trillions of dollars incinerated in stock plunge and vows US will come back stronger 'one way or another': 'Do not fear'
What people are saying
The Stock Market suffered one of the Worst Days in History based on the results of the Election
Your 401(k)s have, therefore, dropped.
The obvious catalyst for the sharp sell-off is that markets are pricing in the midterm results.