Nasdaq falls at open after midterms-fueled surge as chip, data center stocks fall
SPY•The Nasdaq fell 0.77% at the open to 25,537.57 after a rally in the previous session, while the Dow rose 0.62% to 53,686.75 and the S&P 500 slipped 0.17% to 7,675.76.
1. Markets open mixed
The Nasdaq opened lower on Thursday as chip and data center-related stocks fell, while broader markets were muted after a rally in the previous session following Democrats' sweeping midterm election victory. The Dow rose 330.63 points to 53,686.75, the S&P 500 fell 12.86 points to 7,675.76, and the Nasdaq dropped 198.95 points to 25,537.57.
