US stocks nosedive as Nasdaq 100 falls over 6% after Democrat midterm victory
FROM THE WIRE · UK.FINANCE.YAHOO.COM
Tech stocks sank at the open on Wall Street - REUTERS/Jeenah Moon Wall Street suffered its worst sell-off since Donald Trump's tariff rollout amid fears the Democrats will derail the AI boom. The Nasdaq 100 plunged more than 6pc on Thursday - the biggest fall since April 2025…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA drop of this size in the Nasdaq 100 and semiconductor shares can weigh on the whole tech and AI sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Nasdaq 100 plunged more than 6% on Thursday, the biggest fall since April 2025.
- 02Shares in semiconductor makers were the hardest hit.
- 03Investors fear the Democrats' midterm victory will bring tighter restrictions on AI companies.
- 04Nvidia fell more than 6%, while AMD and Micron dropped 13% and 11% respectively.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation181.60 USDMarket closedtoday -9.26%Negative Advanced Micro Devices, Inc.404.40 USDMarket closedtoday -17.26%Negative Micron Technology, Inc.656.39 USDMarket closedtoday -17.46%Negative ASML Holding N.V.1,356.65 USDMarket closedtoday -9.33%Negative NASDAQ 10026,629.81Market closedtoday -6.36%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets