Thursday, November 5 represented the worst trading session for the U.S. market in over a year. the Nasdaq Composite dropped 5.52%, the S&P 500 fell 4.36%, and the Dow shed 3.44%, as Wall Street’s post-midterm optimism could not last long. Concerns around a potential weakness in AI spending reversed the post-election rally and led to almost $2.5 trillion wiped out of the U.S. market.
In the middle of this chaos, many names showed resistance and are still trading at their all-time highs. In...