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Tech stocks tumble on Wall Street after midterm election rally fades

By ChordNews · First written

US Market Falls 5% As Tech Stocks Tumble After US Midterms
Image: ndtv.com
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Summary

US stock markets fell sharply on Thursday, November 5, 2026, as tech stocks tumbled and post-election optimism faded. Reports describe a tech selloff that continued from the previous day, when equities had bounced after Democrats swept Tuesday's midterm elections. NDTV reported that the US market fell 5 percent as tech stocks tumbled after the midterms. MarketWatch described a punishing tech selloff that caused carnage in the stock market and asked whether this is the big one for stocks. Seeking Alpha's headline framed the tech selloff as continuing after the midterms' Blue wave.

This continues an earlier story: Tech selloff weighs on euro and US stock markets

Later: KOSPI plunges 12% on midterm blue wave and tech sector selloff, Goldman Sachs says

Timeline

  1. Seeking Alpha

    Source ↗

    Its headline reports that Wall Street's tech selloff continued after the midterms' Blue wave.

  2. NDTV

    Source ↗

    It reports that the US market fell 5 percent as tech stocks tumbled Thursday after the US midterms, as post-election optimism faded.

  3. MarketWatch

    Source ↗

    It reports that a punishing tech selloff caused carnage in the stock market Thursday, one day after equities bounced following Democrats' sweep of Tuesday's midterm elections, and asks whether this is the big one for the stock market.

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