Nasdaq Rallies 2% to Erase All Post-Midterm Election Losses

Key Facts

The Nasdaq Composite rallied 2%, fully recovering the losses sustained since the US midterm election day. Seeking Alpha reported that the rally lifted the technology-focused index into positive territory, reversing the cumulative declines triggered by post-election volatility.

The rally represents a technical recovery as investors digest the midterm election outcomes and the transition of Congressional control. This market stabilization on November 11, 2026, follows recent economic data including the US Core Inflation Rate for October, which was reported at 0.3% on November 10, 2026, and the Atlanta Fed GDPNow estimate of 3.5% released on November 9, 2026.

Looking ahead, the US Department of Labor is scheduled to release Initial Jobless Claims data on November 12, 2026, with market forecasts anticipating 195,000 new claims.