Nasdaq Composite Rises 0.90% to 25,391 Before U.S. Midterm Results
Published on 11/03/2026 at 19:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq Rebounds Ahead Of Vote
- The Nasdaq Composite stood at 25,391.16 points at 12:01 p.m. Eastern time on November 3, up 0.90 percent.
- Technology and semiconductor shares recovered after the previous session's sell-off, while Apple remained a drag.
- Investors were also preparing for U.S. midterm election results and further chip-sector earnings.
The Nasdaq Composite recovered on Tuesday after a sharp decline in the previous session. The index stood at 25,391.16 points at 12:01 p.m. Eastern time on November 3, equivalent to 6:01 p.m. Berlin time, up 226.80 points or 0.90 percent from the previous close, according to Nasdaq market data.
Technology Shares Lead Recovery
The move marked a partial rebound from Monday's 1.07 percent decline, when renewed selling in technology and artificial-intelligence stocks pushed the index to 25,164.32 points. On Tuesday, chipmakers provided support: CNBC reported that Advanced Micro Devices gained 4 percent, while Broadcom rose more than 3 percent and Micron Technology, Nvidia and Intel each gained nearly 3 percent.
The recovery remained uneven. Apple fell 2 percent after issuing a disappointing margin forecast late Monday, according to the same CNBC market update. That weakness limited the broader technology sector's rebound, although gains among semiconductor companies helped the Nasdaq Composite outperform the Dow Jones Industrial Average during the session.
Election And Earnings In Focus
Investors were positioning ahead of U.S. midterm election results, which could influence expectations for regulation, government spending and the development of artificial-intelligence infrastructure. Market participants were also awaiting further evidence from the earnings season. Advanced Micro Devices was scheduled to report after the closing bell, making its outlook a closely watched indicator for demand across the AI and semiconductor supply chain.
The intraday advance therefore offered relief after the previous day's reversal, but it did not by itself resolve concerns about elevated technology valuations, financing costs or the profitability of AI-related investment. With the U.S. session still underway at the cited observation time, the index level should be treated as an intraday reading rather than a closing result.
Further coverage of the Nasdaq Composite is available on the Nasdaq Composite topic page.
