Dow tumbles 1,700 points, erasing its postelection rally; Nasdaq plummets 5%: Live updates

Headline from CNBC · First reported Nov 5, 1:46 PM ET (51m ago) · Updated Nov 5, 2:28 PM ET · 3 sources, 3 articles

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Image: ABC News

What's being reported

Investors continued to rotate away from technology stocks and into more defensive areas of the market.

Summary from CNBC. Read every outlet's version below.

Same story, different headlines

Left · ABC NewsDow plunges nearly 1,700 points, wiping out gains from midterm results stock rallyRight · CBS NewsDow posts biggest gain of the year after Democrats sweep Congress

Left1

ABC NewsLeft-CenterHigh·Nov 5, 2:16 PM ET

Dow plunges nearly 1,700 points, wiping out gains from midterm results stock rally

The selloff came a day after the Dow soared more than 1,500 points.

Center1

CNBCLeast BiasedHigh·Nov 5, 2:28 PM ET

Dow tumbles 1,700 points, erasing its postelection rally; Nasdaq plummets 5%: Live updates

Investors continued to rotate away from technology stocks and into more defensive areas of the market.

Right1

CBS NewsRight-CenterMostly Factual·Nov 5, 1:46 PM ET

Dow posts biggest gain of the year after Democrats sweep Congress

The Dow soared nearly 1,600 points, as Wall Street analysts predicted that political gridlock would limit Congress's ability to pass major tax and spending packages.

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