EVsFortuneabout 2 hours ago
Tech Stocks Plunge After Midterm Election Results
8 min read
U.S. futures rose after a tech selloff triggered by midterm elections that gave Democrats control of Congress. The Nasdaq 100 fell 6.36% and the S&P 500 dropped 4.36%, erasing more than $3 trillion in market cap. Tesla fell 10.77% and SpaceX 9%, cutting Elon Musk's net worth by $113 billion.
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