NewsSignals AI analysis·Seeking Alpha·Nov 2, 2026

Nasdaq, S&P 500 fall behind ahead of U.S. midterms, key earnings results

Grade Abearish AI signal$NDX$SPX$DJI$WTI$BRENT$DXY

U.S. equities ended mixed ahead of the midterm elections, with the Nasdaq Composite dropping 1.1% and the S&P 500 falling 0.5% as technology stocks continued to weaken. The Dow gained 0.4%, while crude oil prices declined and Treasury yields moved lower; investors are also awaiting major earnings reports from Apple, Palantir, AMD and other companies. Election uncertainty, potential AI regulation changes and continued technology weakness could intensify volatility across U.S. equity markets.

Bullish strength: 25/100

Dow Jones gained 0.4%.
Treasury yields declined across the 2-year, 10-year and 30-year maturities.

Bearish strength: 75/100

Nasdaq Composite fell 1.1%.
S&P 500 declined 0.5%.
Technology stocks continued to weaken amid concerns about the AI trade.
Midterm election uncertainty and potential AI regulation changes could weigh on market sentiment.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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