Dow plunges 1,200 points and Nasdaq enters correction territory after midterm election results

FinanceInternationalABC News - Breaking News, Latest News and VideosNov 5, 2026, 12:05 PMAI summary

Image: ABC News - Breaking News, Latest News and Videos

The Dow Jones lost about 1,200 points, or 2.2%, erasing much of the previous day's rally, when it rose 1,570 points after the election results. The S&P 500 fell 3.2% and the Nasdaq 4.8%, entering correction territory with a drop of more than 10% from last month's peak. The selloff hit artificial intelligence companies: Nvidia fell 7%, AMD 12% and SanDisk more than 15%, while Microsoft and Amazon each lost more than 2%.

In 35 seconds

The Dow Jones fell 1,220 points (2.2%) and the S&P 500 dropped 3.2%
The Nasdaq lost 4.8% and entered correction, down more than 10% from last month's peak
Nvidia fell 7%, AMD 12% and SanDisk more than 15% during the session

Read the full story at ABC News - Breaking News, Latest News and Videos

IASummary generated by artificial intelligence from a story by ABC News - Breaking News, Latest News and Videos. It may contain errors: the original source prevails.

Wall Street
Nasdaq
Dow Jones
inteligencia artificial
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Dow plunges 1,200 points and Nasdaq enters correction territory after midterm election results

In 35 seconds

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