Dow plummets 1,600 points as stock markets tank in tech selloff

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Worst session since Trump's tariff crisis in April 2025, with semiconductors collapsing, massive liquidations across sectors and VIX fear index soaring - Democratic victory overturns AI narrative

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[Cable News] US stocks plummeted across the board. The Dow closed down more than 1,800 points. Yesterday's gains all evaporated. Technology stocks were once again sold off, and the index and NASDAQ fell separately by about 4.

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On the 5th, the Dow Jones Industrial Average on the New York Stock Exchange plummeted, closing down 1,833.06 points at 51,523.06. This was its lowest closing price in approximately one month. The Nasdaq Composite Index, which is dominated by technology stocks, also fell sharply, dropping 1,421.51 points…