The S&P 500 and Nasdaq closed higher on Tuesday as tech and chip stocks recovered ahead of the US midterm election results. The S&P 500 rose 0.4%, the Nasdaq 100 gained 0.7%, and the Dow Jones Industrial Average eased 0.4%, while semiconductor ETFs rose between 2% and 2.5% on strength in Nvidia, AMD, Micron and Broadcom. Apple shares dropped about 2% after its quarterly margins and sales failed to impress investors. AMD reported a 45% jump in third-quarter revenue to a record $13.4 billion, driven by demand for AI processors and data center chips. Prediction-market odds of almost 75% that Democrats win the Senate could affect regulatory oversight in defense, AI and healthcare.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 685.34 |
| Change that session | +0.62% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/03/2026 | 331.74 |
| Change that session | -1.94% |
META
▲ Likely positiveMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 11/03/2026 | 620.95 |
| Change that session | +2.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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