Why the midterm blue wave just triggered a red Wall Street
Published . Updated .
Key takeaways
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AI and data center stocks are sliding as investors worry that a new Democratic-controlled Congress will curb the industry's growth.
Directly affected
- No company is named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-2.2% 16d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- MSFT Microsoft+11.8% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AMZN Amazon.com+6.7% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- META Meta Platforms-19.0% 30d
Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| QQQ | +3.43% | -1.51% | base | -5.74% | after close | after close | after close |
| AIQ | +5.11% | -1.32% | base | -6.18% | after close | after close | after close |
| GOOGL | -1.88% | -3.44% | base | -2.21% | after close | after close | after close |
| MSFT | -4.62% | -8.82% | base | -3.67% | after close | after close | after close |
| AMZN | -8.41% | -7.66% | base | -2.49% | after close | after close | after close |
| META | -0.86% | -3.69% | base | -3.67% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Why the midterm blue wave just triggered a red Wall Street USA Today
Source: USA Today
Spdr Dow Jones Industrial Average Etf Trust (DIA) since “Why the midterm blue wave just triggered a red Wall Street,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| AIQ | that day | -6.18% | final price |
| AIQ | three days earlier | -1.32% | final price |
| AIQ | five days earlier | +5.11% | final price |
| AMZN | that day | -2.49% | final price |
| AMZN | three days earlier | -7.66% | final price |
| AMZN | five days earlier | -8.41% | final price |
| GOOGL | that day | -2.21% | final price |
| GOOGL | three days earlier | -3.44% | final price |
| GOOGL | five days earlier | -1.88% | final price |
| META | that day | -3.67% | final price |
| META | three days earlier | -3.69% | final price |
| META | five days earlier | -0.86% | final price |
| MSFT | that day | -3.67% | final price |
| MSFT | three days earlier | -8.82% | final price |
| MSFT | five days earlier | -4.62% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | -5.74% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -1.51% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +3.43% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 52 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 70 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 36 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 38 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 9 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 69 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Meta Platforms (META), worth $1,001 - $15,000 on 24 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Meta Platforms (META) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Meta Platforms (META), worth $1,001 - $15,000 on 22 Sep 2026. That is 44 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Spdr Dow Jones Industrial Average Etf Trust (DIA)
Companies tied to this story
- DIA Spdr Dow Jones Industrial Average Etf Trust
Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Why the midterm blue wave just triggered a red Wall Street.” Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
- QQQ Invesco Qqq Trust, Series 1
For “Why the midterm blue wave just triggered a red Wall Street,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
- IWM Ishares Tr
Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Why the midterm blue wave just triggered a red Wall Street.” Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
- RSP Invesco Exchange Traded Fd T
Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Why the midterm blue wave just triggered a red Wall Street.” Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
- VTI Vanguard Index Fds
Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Why the midterm blue wave just triggered a red Wall Street.” Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
How “Why the midterm blue wave just triggered a red Wall Street” reaches Spdr Dow Jones Industrial Average Etf Trust (DIA)
Spdr Dow Jones Industrial Average Etf Trust (DIA) is the company in “Why the midterm blue wave just triggered a red Wall Street,” the 5 Nov 2026 this story story.
The link for Spdr Dow Jones Industrial Average Etf Trust (DIA) is this: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
Invesco Qqq Trust, Series 1 (QQQ) is here too. Its reason reads: Invesco QQQ: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story
Dates and price levels for Spdr Dow Jones Industrial Average Etf Trust (DIA)
DIA traded between 504.92 and 522.62 across 17 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.20. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32.
What the saved facts support for Spdr Dow Jones Industrial Average Etf Trust (DIA)
40 out of 100
“Why the midterm blue wave just triggered a red Wall Street” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.