AI sell-off wipes out Wall Street's post-election rally; major Asian markets also plunge up to 8%
New Delhi, Nov. 6 -- Global stock markets witnessed heavy selling as a sharp sell-off in US technology stocks wiped out Wall Street's post-election rally, with concerns over a possible slowdown in artificial intelligence-related data centre investments triggering losses across global markets.
The selling pressure intensified after all three major US indices recorded their worst single-day losses since April 2025 on Thursday.
The Nasdaq Composite plunged 5.52 per cent to close at 24,315.00, entering correction territory after falling more than 10 per cent below the record level it had reached last month.
The S&P 500 declined 4.36 per cent to settle at 7,353.73, while the Dow Jones Industrial Average shed 1,833.06 points, or 3.44 per cen...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.