Market2026-11-05
Technology stocks fell sharply on Thursday. Investors left the sector over concerns about the AI trade. Democrats had just swept the US midterm elections. The Nasdaq 100 Index dropped 6.4%. The S&P 500 Index fell 4.4%. A gauge of US semiconductor stocks plunged 12%.
- 6.4% drop in Nasdaq 100 Index
- $2.3 trillion market value wiped out
- 4.4% drop in S&P 500 Index
- 12% drop in US semiconductor stock gauge
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