Magnificent Seven Sink as Democrats Take House and Senate
The Magnificent Seven sold off after Democrats won control of both the House and Senate. Meta (META) fell 3.13%, Tesla (TSLA) 8.89%, Apple (AAPL) 0.73%, Nvidia (NVDA) 6.50%, Amazon (AMZN) 2.24%, Google (GOOGL) 1.44% and Microsoft (MSFT) 2.19%. More than $2.3 trillion was wiped off the US stock market on the day.