U.S. midterm elections see "blue wave", U.S. stocks open higher

on November 4, according to Bitget data, U.S. stocks opened with the Dow Jones up 1.9%, the S&P 500 up 1.1%, and the NASDAQ up 1.07%. Democrats outperformed expectations in the U.S. midterm elections, driving strength in clean energy and healthcare concept stocks. FTC Solar (FTCI.O) rose 40%, First Solar (FSLR) gained 13%, Gilead Sciences (GILD.O) advanced 2%, and Moderna (MRNA.O) climbed 3%.

Stocks linked to Musk and Trump faced downward pressure, as Trump Media & Technology Group (DJT.O) fell 9.8%, SpaceX (SPCX.O) dropped 5%, and Tesla (TSLA.O) declined 4%.

Major tech stocks showed mixed performance, with Apple rising 3.27%, NVIDIA falling 1.19%, Microsoft up 4.72%, Google-A up 1.49%, Amazon up 6.88%, TSMC flat at 0%, Meta up 3.41%, Broadcom down 1.09%, SK Hynix down 2.82%, Micron Technology down 3.21%, AMD up 1.3%, ASML down 2.31%, Cisco up 0.45%, Oracle flat at 0%, Intel down 3.17%, and ARM down 0.31%.