Stocks tumble as midterms fuel AI fears and judge halts Trump’s D.C. arch: Morning Rundown

U.S. markets experienced a significant decline as the election of new Democrats intensified existing concerns regarding AI. Simultaneously, a judge blocked the construction of Trump's arch immediately after it had received federal approval to move forward. In addition to these events, the Labor Department is scheduled to release the latest jobs report today, following the sharp plunge in stocks that occurred yesterday, reflecting a period of volatility across financial and political sectors.