The Dow falls as Election Day makes investors nervous

On the eve of election day, the Dow Jones fell 200 points as investors held back and eagerly awaited the results. Subdued stock activity coincided with a rally in safe-haven U.S. Treasury bonds, suggesting some investors are shifting to lower-risk assets in anticipation of possible market volatility.

By afternoon, the Dow Jones Industrial Average had fallen 203 points, or 0.4%, while the S&P 500 and Nasdaq posted slight gains of 0.16% and 0.10%, respectively. The cautious trading reflects broader market sentiment, with investors balancing optimism and uncertainty ahead of the election outcome.

Palantir Technologies (PLTR-0.08%) is expected to release its earnings report after the closing bell. Known for its advanced AI tools used by military and intelligence agencies, Palantir has emerged as a major player amid the ongoing AI surge in the tech world. In addition, investors will closely monitor the Federal Open Market Committee's interest rate decision this Thursday and the subsequent press conference with Fed Chairman Jerome Powell.

Nvidia is in the process of replacing Intel in the Dow

Nvidia (NVDA+1.95%) Shares rose over 1% on Monday The AI ​​chip maker is expected to be added to the Dow Jones Industrial Average. which includes the 30 leading US stocks. This inclusion marks a significant milestone for Nvidia and reflects its growing influence in the technology and AI space.

To make room for Nvidia, long-time Dow member Intel (INTC-3.45%) is being removed from the index, signaling a shift in focus towards AI-driven growth. In response to the news, Intel shares fell 4%. The reshuffle is expected to come into effect at the end of the week.

Berkshire Hathaway is in the red after selling Apple shares

Warren Buffett's Berkshire Hathaway (BRK.A-2.31%) has continued to sell significant stakes in several companies as it grows its cash pile to a record $325.2 billion.

In the third quarter, Berkshire sold a total of $36.1 billion in shares, including from major holdings like Apple (AAPL-0.36%) and Bank of America (BAC-0.68%), the company disclosed in regulatory filings on Saturday. At the same time, the company only bought $1.5 billion worth of shares during the same period.

— Rocio Fabbro contributed to this article.