NEW YORK, November 3. /TASS/. US stocks showed mixed performance at the start of Tuesday’s regular trading session, according to market data. Defense industry stocks declined, while shares of major technology companies traded in positive territory.
As of 5:30 p.m. Moscow time, the Dow Jones Industrial Average, a key indicator of US business activity, was down 0.1% at 51,932.63 points. The S&P 500 Index, which comprises 500 of the largest companies in the US market, rose by 0.11% to 7,550.606 points. Meanwhile, the Nasdaq 100 Index gained 0.4% to reach 28,102.61 points.
Shares of US defense contractors were declining in early regular trading. Lockheed Martin Corporation shares fell to $639 (-0.65%), RTX Corporation to $202.20 (-0.29%), Northrop Grumman Corporation to $552 (-0.6%), and General Dynamics Corporation to $372.55 (-0.24%).
Trump Media shares remained unchanged from the previous session’s close at $5.66 per share. Meanwhile, technology stocks advanced. Nvidia shares gained 2.11% to $206.32, Alphabet rose by 0.68% to $279.92, Amazon climbed 1.25% to $248.71, and Microsoft increased by 0.45% to $509.40 per share. SpaceX shares rose by 2.77% to $140.15, while Tesla shares declined by 0.53% to $401.69.
According to CNBC, a decisive Democratic victory on Tuesday evening, particularly in the Texas gubernatorial election, could put further downward pressure on shares of companies specializing in artificial intelligence, amid expectations that additional restrictions on data centers would gain momentum nationwide. Defense stocks could also come under pressure over concerns about potential spending restrictions.
Voting on the main day of the US congressional midterm elections began Tuesday morning in several East Coast states. According to local election commissions, polling stations opened at 2:00 p.m. Moscow time in New York, New Jersey, Connecticut, and Virginia. In the current elections, Americans will elect all 435 members of the House of Representatives and 35 of the 100 senators, including two in special elections. Gubernatorial elections will also be held in 36 states. In addition, most states will hold elections for state legislatures and local government bodies.