The Nasdaq 100 closed more than 10% below its Oct. 6 peak on Monday, but the Dow rose 3.03% to 53,356 on Wednesday after Democrats won Congress, its best day since April 2025. The article says the market split: power stocks fell 9–14% while the AI selloff continued, with AMD down 24%, Micron 20%, Alphabet 18% and Dell 27% in the month to Tuesday. It links the vote's moves to expected 2027 policy, not to changes in company earnings. The article suggests writing down in advance what to do at set price moves, such as at 10% and 20% declines and a 20% gain, and reviewing losing positions before Dec. 31 for tax purposes.
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Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/04/2026 | 766.73 |
| Change that session | +1.64% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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