Stock Market Today: Stocks Snap Win Streak as Midterm Results Roll In

A continued selloff in cryptocurrencies and crypto-related stocks put pressure on the broader market today, too.

ticker board with red number
(Image credit: Getty Images)

Stocks closed sharply lower Wednesday as several key midterm election races remained undecided. While it looks increasingly likely that Republicans will gain control of the House of Representatives, the Senate remains too close to call. Markets hate uncertainty, but the historical prognosis for stocks following a midterm has been positive – we'll explain more below.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.