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TheDrop Market Analysis, 11/4/24

Stocks tumble as election fears grow.

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The Dow fell by 0.6%, while the S&P and Nasdaq fell 0.3%.


Most stocks did fall today, but a few outlier did exist today. Trump Media surged 12% as momentum for former president Trump grows. Lumen Technologies and Tempus AI both surged today, possibly due to a small increase in AI enthusiasm.


A big chunk of Donald Trump's net worth is on the line over the next few days, around $6 billion, from his Trump Media ticker. If Trump wins, expect the stock to surge massively, while if he loses, the stock will fall into the abyss.

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