U.S. stock markets suffered steep losses on Thursday after a strong rally the previous day, fueled by Democratic gains in midterm elections. The Dow Jones Industrial Average plunged over 2,100 points from its opening and closed down nearly 1,800 points, while the Nasdaq and S&P 500 also declined sharply. Investors appear to be reassessing expectations following the election results, with volatility resurfacing after a brief period of optimism. The sell-off underscores the market’s sensitivity to political shifts and economic uncertainty.
Stocks nosedived on Thursday, one day after rallying on the heels of Democrats’ resounding midterm victories. The Dow Jones Industrial Average tumbled by more than 2,100 points from the opening bell and closed down by 1,833 points relative to the end of trading on Wednesday. The Nasdaq Composite and S&P 500 were respectively down by...
