Nasdaq falls after midterm-fueled surge as chip and data center stocks drop
Summary
The Nasdaq fell on November 5, 2026, after a surge tied to the U.S. midterm elections, as chip and data center stocks dropped. Investing.com reported that the index fell at the open. Seeking Alpha reported that the Nasdaq dropped more than 4% as a tech stock rout persisted after the midterms. Investing.com later reported that the Nasdaq posted its biggest daily drop in 19 months, which its headline attributes to fears of AI regulations. These reports rest on headlines alone, so no index levels or further figures are included.
Timeline
Investing.com
Source ↗Investing.com reports that the Nasdaq fell at the open after a midterm-fueled surge, as chip and data center stocks fell.
Seeking Alpha
Source ↗Seeking Alpha reports that the Nasdaq dropped more than 4% as the tech stock rout persisted after the midterms.
Investing.com
Source ↗Investing.com reports that the Nasdaq posted its biggest daily drop in 19 months on fears of AI regulations.

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