Tech Stocks Log Worst Day Since 2020 as Carnage Comes to the AI Trade
8 Articles
8 Articles
NEW YORK (AP) — A wave of sales led by shares linked to the expansion of data centers for IA swept through Wall Street on Thursday. S&P 500 fell 4.4%, in its worst decline since President Donald...
The most painful stock market day since the coronavirus. The US market went into free fall. US stock markets ended Thursday in a bloody decline as a wave of selling in the chip sector completely wiped out Wednesday's post-midterm election rally. US Stock Exchange, Investing, Stocks, Elections.
A wave of sales led by shares linked to the expansion of data centers for AI hit Wall Street on Thursday. S&P 500 fell 4.4%, in its worst decline since President Donald Trump shook markets around the world in April 2025 with his “Liberation Day” tariffs.
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Dagens industriThursday was the worst trading day for the S&P 500 and Nasdaq since the tariff race in the spring of 2025. It was even worse for the semiconductor sector – which had its worst day since the pandemic. “This feels like a capitulation,” Argent Capital manager Jed Ellerbroek told Reuters.
Several of the most important indices are down more than 4 percent. For one of them, the fall was the largest in a year and a half.
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