Traders work on the floor of the New York Stock Exchange (NYSE) on Wednesday, August 12, 2026 in New York, USA.
Michael Nagle | Bloomberg | Getty Images
of Dow Jones Industrial Average Stocks were poised for further gains on Thursday, as investors stayed out of major technology stocks for another day, following a stunning rally in the wake of Democrats’ midterm victories.
futures contract associated with 30 stock dow It rose by 302 points (0.6%). S&P500 futures rose 0.2%, but Nasdaq 100 futures It fell by 0.6%.
goldman sachs, JP Morgan Chase and american express each rose more than 1%, pushing the Dow higher. Shares of some tech stocks fell in premarket trading, capping gains in S&P futures and weighing on Nasdaq futures. tesla fell 2% space x.
Stock prices of neo-cloud companies have fallen; coreweave lost almost 4%, Nevius similarly Airen The reduction was made by more than 3% amid concerns about a backlash against the industry in light of election results in various states.
chip manufacturer Qualcomm announced higher-than-expected profits, but its stock price fell 9% after the lower-than-expected profit outlook. App LabinThe artificial intelligence-powered advertising company soared 19% after delivering better-than-expected results and issuing better-than-expected guidance.
Wednesday’s trading showed investors adjusting to interim results that showed Democrats secured majorities in both chambers of Congress and also won a number of state governors. The Dow Jones Industrial Average rose more than 1,500 points, marking its best day since April 2025, while the S&P 500 and Nasdaq Composite Index each rose more than 1%.
Jordan Watson, portfolio manager at Tandem Investment Advisors, said the massive stock price rally and departure from artificial intelligence names may be temporary.
“We could see further volatility as investors digest the election results and potential policy implications,” he said. “I don’t think[Wednesday’s stock trading]is an entirely clear signal. Rather, I think it calls for some sanity about the amount of capital being poured into building AI infrastructure and whether those investments are producing the returns investors expect.”
Pan-Europe across the Atlantic Stocks 600 Like the UK, it rose 0.71%. FTSE100 The stock rose 1% to a three-month high. french CAC40 Germany rose by 1.1%. dachshund It increased by 0.74%.
In Asia, Japan’s Nikkei Stock Average rose 0.49% on Thursday, while the TOPIX rose more than 2%. South Korea’s Kospi fell 2.33%, and the small-cap Kosdaq, which focuses on high-tech stocks, fell 1.24%. Australia’s S&P/ASX 200 rose 1.39%.
