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US tech stocks rebound after AI selloff and midterm election uncertainty

04 Nov 2026, 00:18 WIB
The Guardian
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Neutral
US tech stocks rebound after AI selloff and midterm election uncertainty

US tech stocks recovered on Tuesday after a recent selloff driven by concerns over AI spending. The S&P 500 rose 0.37% and the Nasdaq gained 0.83%, while the Dow fell slightly due to a drop in Apple's shares after a weak margin forecast. Investors are cautious about potential increased AI regulation following predicted Democratic wins in the midterm elections, but the market generally tends to recover post-election. Additionally, easing oil prices helped calm investor nerves amid ongoing geopolitical talks.

As of Nov 04, 2026 06:51 WIB, Apple Inc (AAPL) is trading at USD 330.25 on Pluang, down 2.39% in the last day. The stock's market capitalization stands at $4.94 trillion with a balanced order activity of 50% sell and 50% buy. Despite the recent volatility in tech stocks, Apple remains a major player in the sector with a typical hold time of 145 days on the platform.

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