Stocks Just Had Their Worst Second Day After a Midterm in Nearly a Century
24/7 Wall St. reports that two sessions after the November 2026 midterms, the S&P 500 fell 4.36% to 7,353.73 on November 5, which it calls the worst second day after a midterm in nearly a century, erasing the post-election Dow rally. All 11 sectors closed lower, tech fell 7.3%, and the VIX jumped 69.66%. Among its explanations: a Democratic Congress could slow AI data-center build-outs, though no company has reported a blocked project, and Nomura's Charlie McElligott says hedge funds are rushing to lock in 2026 gains.
