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