Wall Street Rides the 'Blue Tsunami' While Musk-Backed Stocks Slip
Democratic victories boost futures, but the market wobble for companies backing Republicans raises questions for voters.
Futures surged on Wednesday after Democrats clinched the midterms, a wave the NBC called a 'blue tsunami', and the market logged its best day in months.
Dow Jones futures jumped about 1,150 points, S&P 500 futures rose over 90 points, and Nasdaq futures added more than 120 points, all before the opening bell.
Shares of SpaceX and Tesla slipped after Elon Musk, who leads both companies, spent heavily to support Republicans, according to NBC.
Original reporting
The Hill
Stock futures soar after Democratic rout in midterms
Stock futures soared Wednesday morning, after Democrats’ resounding victory in the midterms. Dow Jones Industrial Average futures were up roughly 1,150 points before the opening bell, more than 2 percent higher than closing time Tuesday. S&P 500 and Nasdaq composite futures were up by more than 90 and 120 points, respectively. As of the late…
Read the original →NBC News
Stocks surge as ‘blue tsunami’ puts political uncertainty to rest
Stocks had their best day in months. Shares of Elon Musk’s SpaceX and Tesla declined, however, after the billionaire spent heavily to support Republicans.
Read the original →CNBC
What was really behind Wednesday's monster rally? Trump quickly making peace
The stock market skyrocketed after a decisive sweep for Democrats in the 2026 midterm elections, a move that Trump's reaction added to.
Read the original →NBC News
Stock market surges on election results
Investors drove the DOW up more than three percent with bullish sentiment following Democrats’ historic win in the elections. NBC News’ Christine Romans explains what helped push markets higher.
Read the original →
Facts this version was allowed to use
- Stock futures soared on Wednesday morning after Democrats won the midterm elections.
- Dow Jones Industrial Average futures were up roughly 1,150 points before the opening bell, more than 2 percent higher than at closing time on Tuesday.
- S&P 500 futures were up by more than 90 points.
- Nasdaq composite futures were up by more than 120 points.
- 'blue tsunami' — used in an NBC News headline to describe the Democratic victory.
- Stocks had their best day in months, according to NBC News.
- SpaceX
- Tesla
- Elon Musk
- Shares of SpaceX and Tesla declined after Elon Musk spent heavily to support Republicans, according to NBC News.
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