Stock market volatility follows midterm election results

Fox - 10 Phoenix
27 followers
Nov 6, 2026
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Video Summary
AI GeneratedWall Street is experiencing a massive sell-off following midterm election results, driven by uncertainty over tech stocks and AI data centers. Meanwhile, in Washington, the Trump administration faces political pressure, with Democratic leaders targeting Pentagon Chief Pete Hegseth and the President needing to navigate a new era of compromise and limited authority.
It's already shaping up to be another tumultuous day
on Wall Street after a massive sell-off yesterday.
It's all in response to the midterm election results.
And as Douglas Zader reports from Washington this morning,
the validity could extend to the Trump administration as well.
The markets and the political climate here in Washington are in
for some big changes as the impacts from Tuesday begin to sink in.
Wall Street wasn't saved by the bell yesterday,
a huge sell-off led by uncertainty over tech stocks,
fueled by a number of winning candidates from Tuesday's elections
that had railed against AI data centers.
If the rhetoric becomes reality to the extreme,
it won't just be read on the screen.
We will be talking about economic recession early next year.
The issue is finding a balance on the government's approach to AI,
just one of many thorny issues for the White House now.
Democratic leaders will start to call
for heads following the elections,
and first up may be Pentagon Chief Pete Hegseth,
long a target for Democrats.
And Republican Thomas Massie, a Trump critic,
introduced a measure to remove him.
Everyone will make their own interpretation
of what it meant in terms of Hegseth.
Didn't work against President Trump.
And it won't work with me.
Hegseth is defiant and his boss still publicly backs him.
But changes across the board could be coming for the president.
In this new era of Washington, he's going to have to lean on compromise
and I think really adjust to some limits to his authority.
And the president has said he is open to working with Democrats.
But in the Oval Office yesterday,
a red veto hat was sitting on his desk.
In Washington, Doug Lusader, Fox News.
