Dow tumbles 1,600 points, erasing its postelection rally; Nasdaq plummets 5%: Live updates

Comments

• wesker@lemmy.sdf.org ⁨3⁩ ⁨days⁩ ago

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

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  • _stranger_@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Liquidation to pay lawyers perhaps.

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  • realcaseyrollins@hilariouschaos.com ⁨2⁩ ⁨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.

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