The Dow Jones Industrial Average fell on 3 November, the day of the U.S. midterm elections. Apple was sold after reporting earnings, weighing on the market, according to market commentary.
U.S. stocks fell on 3 November, the day of the U.S. midterm elections, with the Dow Jones Industrial Average declining. While the major indexes showed some signs of a limited recovery, they were broadly lower overall.
Among individual stocks, Apple was sold after reporting earnings. The view has been expressed that selling pressure on the stock intensified in response to the results.
Michael Wilson (マイケル・ウィルソン), a strategist at Morgan Stanley, said in market commentary that the correction in U.S. stocks that began in June had “entered its final inning.” Attention is therefore focused on the performance of mega-cap tech stocks and the market’s future direction.