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return2ozma@lemmy.world to politics @lemmy.world · 1 day ago

Stock futures fall as Democrats win big in midterms with traders betting they slow data center buildout

www.cnbc.com

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Stock futures fall as Democrats win big in midterms with traders betting they slow data center buildout

www.cnbc.com

return2ozma@lemmy.world to politics @lemmy.world · 1 day ago
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Stock futures fall as Democrats win big in midterms with traders betting they slow data center buildout: Live updates
www.cnbc.com
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Investors braced for the results of the 2026 U.S. midterm elections.
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  • Janx@piefed.social
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    1 day ago

    The 👏 stock 👏 market 👏 is 👏 not 👏 the 👏 economy.

    Sorry, had to get that off my chest…

  • HuntressHimbo@lemmy.zip
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    1 day ago

    Sounds like yet more proof stock prices should never influence public policy

  • leadore@lemmy.world
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    1 day ago

    Bear in mind that besides just Democrats winning, the market reaction could be related to the fact that there were many ballot measures on limiting or putting moratoriums on data centers across the country, and it looks like all but one have passed. The message is clear that they’re going to be met with huge resistance to building them pretty much everywhere.
    https://stateline.org/2026/11/04/voters-across-the-country-reject-data-centers/

  • I_Jedi@lemmy.today
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    1 day ago

    Every eye is on Mississippi right now. Gonna be a close one.

    • Janx@piefed.social
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      1 day ago

      Wow, you weren’t kidding!

      • Brave Little Hitachi Wand@feddit.uk
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        1 day ago

        Every vote matters.

  • leadore@lemmy.world
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    21 hours ago

    Well, so much for that! The Dow is up over 1100 this morning (as of 10:20 ET)

  • Thebeardedsinglemalt@lemmy.world
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    1 day ago

    I’d almost put money on the fact the orange turd and his ilk are shorting some stocks and about to sell a LOT of it off kicking off a sharp dive

  • Diplomjodler@lemmy.world
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    Oh noes! Won’t anybody think of the poor investors! Oh the humanity!

  • phutatorius@lemmy.zip
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    1 day ago

    Shutting down the data center boom entirely would be far better.

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