United States markets slid on Thursday, with losses in US chip and data centre-related stocks fuelling pressure on the technology sector following Democrats’ sweeping midterm election wins. The tech-heavy Nasdaq was down 4.8 percent in midday trading, while the S&P 500 fell 3.6 and the Dow Jones Industrial Average slid 2.8 percent. US markets jumped on Wednesday following the midterm election , with Democrats’ sweeping wins signalling limits on policy shocks from a Congress at odds with the White House. Markets were also reassured by US President Donald Trump’s remarks that he would accept the election results.
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