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Wall Street Rallies; Trump Media and Tesla Stocks Decline Post-Election

Following the midterm elections, U.S. stocks rallied, with the S&P 500 rising 1.8% and the Dow gaining nearly 3%. However, shares in Trump Media, SpaceX, and Tesla declined amid perceived political risks and expectations of reduced defense spending under Democratic control.

AI Stocks Decline Amid Concerns Over Data Center Expansion Restrictions

AI-related stocks continued to slide as investors worried that a Democratic-led Congress could impose moratoriums on data centers, affecting companies like Nvidia and CoreWeave. The Nasdaq Composite fell 1.1%, while the Dow gained 265 points, and oil prices steadied after a sharp decline.

U.S. Stocks Surge After Midterm Elections; Dow Gains 1,569 Points

U.S. stocks soared following the midterm elections, with the Dow Jones Industrial Average rising 1,569 points (3%) to 53,356.12. Investors anticipate that a Democratic-led Congress may reduce policy uncertainties and reverse cuts to healthcare and food assistance, benefiting hospital operators and discount retailers.