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2026-11-05T17:31:04.000Z

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Nasdaq Set for Worst Day

Nasdaq Set for Worst Day

The Nasdaq fell as much as 5% on Thursday, entering correction territory and heading for its worst daily performance in 18 months, amid concerns that the AI industry could face tougher regulation after Democrats’ midterm election gains. Chip stocks led the sell-off, with SanDisk down 19% and Western Digital down 16.5%; the Dow also fell more than 1,000 points.

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