Markets
Markets Today: Chips lift Nasdaq on Election Day as Dow slips and Bitcoin steadies near $77,000 (November 3, 2026)
Election Day split on November 3, 2026: chips lifted the Nasdaq, Apple dragged the Dow lower, and Bitcoin steadied near $77,000 as ETF outflows continued.
Wall Street split on Election Day: chip stocks snapped a three-day slide and lifted the Nasdaq and S&P 500, while Apple dragged the Dow into the red. A hotter-than-expected jobs report pushed Treasury yields higher, and crypto steadied after a rough start to the week as investors waited for midterm results. Stock closes as of 4 p.m. ET; crypto as of late afternoon ET, November 3, 2026. This is not financial advice.
Crypto snapshot
| Asset | Price | Change |
|---|---|---|
| Bitcoin (BTC) | $77,657 | +1.3% intraday |
| Ethereum (ETH) | $2,295 | +2.0% intraday |
| Total crypto market cap | $2.57 trillion | -1.6% over 24 hours (morning snapshot) |
Bitcoin recovered from an early dip toward $76,300 to trade near $77,700 by late afternoon, CoinDesk reported, after U.S. spot Bitcoin ETFs lost $399 million on Monday, their second straight day of outflows. The total market-cap figure comes from CoinCodex's morning update, which put Bitcoin at $76,657 at 06:00 UTC, down 2.2% over 24 hours, and Ethereum at $2,245, down 1.9% — a reminder of how much crypto moved during the day.
Stock market snapshot
| Index | Close | Daily change |
|---|---|---|
| S&P 500 | 7,568.92 | +0.36% |
| Nasdaq Composite | 25,372.01 | +0.83% |
| Dow Jones Industrial Average | 51,786.72 | -0.38% |
The closing levels come from The Motley Fool's market-today report and match StockMarketWatch's nightly digest. The Nasdaq's gain snapped three straight declines, as did the S&P 500's, while the Dow was the only major index to fall.
Today's winners and losers
Stocks
- Winners: Fiserv jumped 12.46% after beating analyst expectations and raising its annual cost-savings targets, per The Motley Fool. Broadcom rose 3.07% and Nvidia gained 2.29% to $206.69 as semiconductors rebounded 2.50%, according to The Weekend Spread's closing report. After the bell, AMD and Super Micro Computer both jumped on strong AI demand, per Capp Notes.
- Losers: Gartner dropped 13.19% on slower subscription growth, and Apple slipped 1.90% to $331.90 after a weaker-than-expected margin outlook and disappointing iPad sales, per The Motley Fool and Sharecast. Match Group tumbled 8.3% as three banks cut price targets, MarketOne reported.
Crypto
- Winners (top 200): Aleo rose 13.80%, Holo gained 11.56% and THORChain added about 7.3%, according to CoinCodex. TRON was one of the few top-ten assets in the green, up about 2%.
- Losers (top 200): SOON fell 13.52%, Zcash dropped 11.24% and NEAR Protocol lost roughly 9-10%, per CoinCodex and Loopwire. Solana slipped about 3% to near $91.60.
What's driving the moves
- Midterm elections. Americans voted in the midterm elections on Tuesday, and prediction markets pushed the odds of a Democratic sweep of Congress above 75% early in the day, TradingView's market wrap reported. Results begin rolling in Tuesday evening, and investors are watching what the outcome means for regulation, spending and crypto policy.
- A hot jobs report lifted yields. September JOLTS job openings printed 7.523 million against a 7.1 million estimate, InvestingLive reported, and the 10-year Treasury yield ended near 4.95-4.97%. Higher yields pressured rate-sensitive blue chips and helped push the Dow lower, while gold slipped about 0.9% to $3,934 an ounce.
- Chips snapped their losing streak. Semiconductors rose 2.50% and the S&P 500 technology sector gained 1.31%, ending three straight declines, as investors bought back into AI infrastructure names ahead of a heavy earnings night, per The Edge's market wrap.
- Oil whipsawed on Iran headlines. WTI crude ended up 0.36% at $96.81 a barrel after dipping to $93.59 on a report of U.S.-Iran diplomatic progress that an Iranian official then denied, InvestingLive reported. U.S. strikes on Iran's Qeshm Island kept supply worries in the background.
- Crypto ETF outflows continued. U.S. spot Bitcoin ETFs lost $399 million on Monday, with BlackRock's IBIT shedding $405 million, its largest daily outflow since June, CoinDesk reported. Spot Ethereum ETFs lost $139.8 million on Monday, their sixth straight day of outflows. Social chatter on the day focused on the same theme: more than $1 billion pulled from U.S. Bitcoin funds across two sessions, tied to the fallout from Binance's $6.3 billion breach and election uncertainty.
What investors are watching next
Midterm results land Tuesday night and will set the tone for Wednesday, when the Treasury's quarterly refunding announcement arrives alongside the ADP employment report and the ISM services PMI. Friday brings the October jobs report at 8:30 a.m. ET, the week's biggest data point — Bitcoinist noted it as the next test for Bitcoin's position above its 200-day average. On earnings, AMD and Arista Networks reported after Tuesday's close, with Amgen, Booking Holdings, Shopify and Pfizer in the same window, and traders are watching whether AI demand commentary matches the chip rebound. October CPI arrives November 10 and PPI on November 13. Analysts are split on what comes next: some see the post-election stretch as historically supportive for stocks, while others warn that hot labor data could keep yields elevated — both views are theirs, not ToolPilot's, and neither is a prediction about where any asset goes.
Bottom line: Election Day gave Wall Street a split decision — chips and the Nasdaq bounced, the Dow lagged on Apple, and crypto steadied but stayed under the weight of ETF outflows and the Binance breach. With midterm results, a Treasury refunding announcement and Friday's jobs report all landing within days, the market's next move is still an open question. Nothing here is a recommendation.