A broad market rally followed the conclusion of the U.S. midterm elections, as a clear outcome removed a key source of uncertainty for investors. While tech stocks and Nasdaq-100 futures initially lagged on concerns about potential regulation, strong buying in mega-cap leaders including Apple, Microsoft, and Amazon pulled the index sharply higher after the market opened, aligning it with positive sentiment across the broader market.
Nasdaq Rallies as Post-Election Relief Lifts Mega-Cap Tech