17 Hrs
Source:
The Guardian
Source: The Guardian
17 HrsThe Guardian
Source: The Guardian
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US stocks plunged Thursday, wiping more than $3.2tn from the market as the Nasdaq fell 5.5% and the S&P 500 dropped 4.4%; the sell-off spread to Asia and Europe. Investors linked the decline to Democrats’ sweeping midterm victory and expected tighter controls on AI and datacentre construction, amid existing concerns that technology valuations had become excessive. Analysts said markets could remain volatile, though some viewed the fall as a reset rather than the start of a prolonged downturn.
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