Shares of companies in the Magnificent 7 group experienced a sharp decline after the Democrats gained control of both houses of Congress - the House of Representatives and the Senate. Meta: -3.13%.
Tesla: -8.89%.
Apple: -0.73%.
Nvidia: -6.50%.
Amazon: -2.24%.
Google: -1.44%.
Microsoft: -2.19% Today, over $2.3 trillion was wiped from the US stock market.