Chip Stocks Crash 12%. What It Means for Your 401(k)

Chip stocks fell 12% and the S&P 500 lost 4.36% on November 5, 2026, after Democrats won Congress and the Texas governorship, raising fears of a data center slowdown. What the drop did to an index fund, why the slide started before the vote, and where the S&P 500 stands for 2026.