Nasdaq falls at open after midterms-fuelled surge as chip, data centre stocks fall

Nasdaq falls at open after midterms-fuelled surge as chip, data centre stocks fall

November 5, 2026 / Liam Redmond /


This comes after a rally in the last session on the back of Democrats’ sweeping midterm election victory

Published Thu, Nov 5, 2026 · 10:48 PM

THE Nasdaq opened lower on Thursday (Nov 5) as losses in chip and data centre-related stocks weighed, while broader markets were muted after a rally in the last session on the back of Democrats’ sweeping midterm election victory.

The Dow Jones Industrial Average rose 330.63 points, or 0.62 per cent, at the open to 53,686.75. The S&P 500 fell 12.86 points, or 0.17 per cent, at the open to 7,675.76, while the Nasdaq Composite dropped 198.95 points, or 0.77 per cent, to 25,537.57 at the opening bell. REUTERS



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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