Dow drops 1,800 points; Nasdaq tumbles into correction territory on AI tech wreck: Live updates
www.cnbc.com
Investors continued to rotate away from technology stocks and into more defensive areas of the market.
  • Dr. WeskerEnglish
    31·
    6 days ago

    emotional technocrats dumping at the prospect of the no-consequence grift train derailing?

    • realcaseyrollins@hilariouschaos.comOPEnglish
      1·
      6 days ago

      Not really.

      Democrats across the country are signaling that they will halt data center construction projects, which these companies were invested in and banking on.

      Before that happened, Wall Street actually seemed to be doing alright. The after-hours pre-market was down once the Democrats got control of Congress, but the market had recovered by the time the bell rang.