Shesa's Investment Blog

By Shesa Nayak Welcome to Shesa’s investment Blog! Wishing all my blog readers a very Happy Diwali! May this light bring prosperity to you and your investments.  U.S. Stock Market Update October was a mixed month for the U.S. stock market. The Dow gained about 1.7% , while the S&P 500 declined -0.9% . Technology stocks came under pressure late in the month, with the Nasdaq down -5.3% and the Semiconductor Index (SOX) dropping roughly -15.3% . Concerns about high valuations and the heavy spending on AI infrastructure weighed on technology and semiconductor stocks. November has started on a stormy note.  The November 3 midterm election was a major event for the market. Democrats won control of both the House and Senate , creating a divided government. The market initially reacted positively, but the rally was short-lived. T he market saw an indiscriminate selloff in AI and technology-related stocks on Thursday and  $2.5 trillion in Nasdaq market value was wiped ou...