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Nasdaq falls at open after midterms-fueled surge as chip, data center stocks fall

Via Reuters

Nasdaq falls at open after midterms-fueled surge as chip, data center stocks fall Reuters Thu, November 5, 2026 at 9:37 AM EST ^IXIC -4.05% ^DJI -1.46% ^GSPC -2.50% Nov 5 (Reuters) - The Nasdaq opened lower ‌on Thursday as losses ‌in chip and data ​center-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%, at the open to 53,686.75. The S&P 500 fell 12.86 points, or ‌0.17%, at the ​open to ​7,675.76, ​while the Nasdaq ‌Composite dropped 198.95 ​points, ​or 0.77%, to 25,537.57 at the opening ​bell.

(Reporting ‌by Shashwat Chauhan in ​Bengaluru; Editing by ​Maju Samuel)

Read original at Yahoo Finance News

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