Wall Street opens mixed as tech rebounds, midterm elections in focus

Wall Street opened mixed on Tuesday, with technology stocks rebounding as the Nasdaq rose 0.45% and the S&P 500 gained 0.16%, while the Dow Jones fell 0.54%, amid U.S. midterm elections. Chipmakers led the tech recovery, with Micron up nearly 4% and AMD and Intel advancing over 3%, while Apple dropped about 2% after weak forecasts. Investors watched the elections, which will determine control of Congress for the final two years of Donald Trump's presidency. Analysts expect Democrats to regain the House, with the Senate race closer, potentially increasing oversight of the administration and big tech. Gold fell 1.1% to $3,903 an ounce, and WTI oil dropped about 1% to $95.45 a barrel.