Stocks Tank Amid Tech Sell-Off, Reversing Post-Election Rally
Summary
A violent selloff of chip and AI stocks sent markets plunging Thursday, erasing all the gains of yesterday’s post-election rally and then some by close. The Dow Jones Industrial Average fell 1,800 points, or about 3.4%. The S&P 500 was down 4%, and the tech-heavy Nasdaq took the worst hit, falling 5.2%. Chip makers Nvidia
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Stocks Tank Amid Tech Sell-Off, Reversing Post-Election Rally
A violent selloff of chip and AI stocks sent markets plunging Thursday, erasing all the gains of yesterday’s post-election rally and then some by close. The Dow Jones Industrial Average fell 1,800 points, or about 3.4%. The S&P 500 was down 4%, and the tech-heavy Nasdaq took...
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The Nasdaq plunges 4% — and toward correction territory — as election results spook AI and chip stocks
The S&P 500 and the Dow Jones Industrial Average also fell sharply as investors weighed a possible slowdown in data center construction
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