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2026-11-06T08:26:18.000Z

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Wall Street AI Selloff

Wall Street AI Selloff

Wall Street suffered a sharp sell-off on Thursday. The Nasdaq fell 5.52%, wiping out roughly $2.5 trillion in stock-market value, while the Dow dropped 1,833 points, erasing its gains from the previous session. The decline came amid concerns about potential restrictions on AI data centers and questions over whether companies can turn their massive technology investments into sustainable profits. Nvidia led the losses, with its shares down 9.3%. The semiconductor index fell 12.3%, while the VIX volatility index surged about 70% to its highest level in seven months.

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