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Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Rising prices and stagnant wages fueled frustration during this week's midterm elections , prompting voters to express their discontent at the ballot box. Similarly, the stock market experienced a downturn yesterday. Concerns about a Democratic Congress regulating AI led to a more than 5% drop in the tech-heavy Nasdaq , wiping out more than $2 trillion in market value. This decline followed from Wednesday when shares rose as investors were relieved that the midterms had made Congress's fate clear.
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