Aftermath of Trump's election defeat: cancellation of public events, related concept trading plummets across the board

Nov 4, 2026 21:53:09

U.S. President Trump suffered a defeat in the midterm elections, with the Democratic Party taking control of both houses. The schedule released by the White House shows that Trump has no public events scheduled for Wednesday, with the day's White House agenda only including a closed-door policy meeting. In an interview, Trump admitted that the Iran war was one of the reasons for the Republican Party's electoral defeat, but insisted that he does not regret initiating the conflict.

Trump-related concept stocks fell across the board, including:

  • Trump Media & Technology Group down over 11%;
  • Tesla down 4.76%;
  • Nvidia down 1.2%;
  • WLFI down 1.96%;
  • TRUMP down 11.14%.

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