Wall Street sees biggest market cap drops ever after midterm bloodbath for GOP
S&P 500 firms shed $2.9 trillion in market value and Nasdaq companies lost $2.5 trillion – both single-day records. The Nasdaq entered correction territory as investors panicked over a looming data-center reckoning in the wake of Democrats’
Republican Ledger staff · 4:45 PM ET
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S&P 500 firms shed $2.9 trillion in market value and Nasdaq companies lost $2.5 trillion – both single-day records. The Nasdaq entered correction territory as investors panicked over a looming data-center reckoning in the wake of Democrats’ midterm sweep.
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