Stock Market Today: Futures Mixed After Yesterday’s Massive Post-Election Gains; Dow Poised to Extend Rally Stephen Wisnefski Thu, November 5, 2026 at 8:09 AM EST 2 min read ^DJI +3.03% ^IXIC +1.44% ^GSPC +1.58% AXP +0.89% V +0.76% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Futures are pointing to a mixed open for major indexes this morning, with the Dow Jones Industrial Average on track to add to Wednesday's blockbuster gains while tech sector weakness pulls the Nasdaq lower.
Dow futures were up 0.6% recently, or more than 300 points, after the blue chip index jumped nearly 1,600 points yesterday, as major stock indexes soared following the decisive victory by Democrats in the midterm elections. S&P 500 futures were up 0.1% this morning, while Nasdaq futures fell 0.5% as investors consider the possibility that AI development could slow with the shift in the balance of power in Washington and in several key states.
Financial sector and consumer stocks were among the top gainers in the Dow ahead of Thursday's opening bell. Shares of American Express (AXP), Goldman Sachs (GS), JPMorgan Chase (JPM) and Visa (V) each rose more than 1%, as did Walmart (WMT) and Home Depot (HD).
On the tech front, shares of Qualcomm (QCOM) were down more than 10% in premarket trading, despite a strong quarterly earnings report, as the chip designer issued a weak outlook owing to an ongoing shortage of memory components for smartphones.
The Roundhill Memory ETF (DRAM) was down 6% ahead of the opening bell as shares of memory chip makers Micron (MU) and SK Hynix (SKHY) tumbled. The iShares Semiconductor ETF (SOXX) fell nearly 4%, as Nvidia (NVDA), Broadcom (AVGO), Intel (INTC) and Advanced Micro Devices (AMD) all lost ground.
Shares of SpaceX (SPCX) and Tesla (TSLA) were down more than 2% this morning, adding to losses posted in the wake of the election results, as investors worry that the companies and their CEO, Elon Musk, could face more scrutiny under Democratic leadership.
In other markets, WTI crude futures, the U.S. oil price benchmark, were up 1.5% recently at $89.50 per barrel, after plunging 8% yesterday as investors considered what come next with the war in Iran. Gold futures were up 1.4% at $4,130 an ounce, while bitcoin traded at $79,600, down from yesterday's high above $81,000.
The yield on the 10-year Treasury, which affects interest rates on loans, held steady at 4.89%, after falling sharply yesterday.
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Dow Jones Industrial Average futures were up 0.6%, or 330 points, in recent trading.
