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EconomyNasdaq heads for worst day in 18 months as Wall Street suffers broad losses

The Nasdaq fell by as much as 5% on Thursday, entering correction territory after dropping more than 10% from its recent record and heading for its worst day in 18 months. Investors worried that Democrats’ midterm gains could bring tougher AI regulation and scrutiny of data-centre expansion. Chip stocks led the decline, which spread to markets worldwide.

stock marketNasdaqAI regulationWall Street

TThe Guardian★★★★☆2026-11-05 17:31Original

Nasdaq heads for worst day in 18 months as Wall Street suffers broad losses
Nasdaq heads for worst day in 18 months as Wall Street suffers broad lossesEconomy