EconomyAI stocks plunge after election, dragging down US markets

US markets fell on Thursday as chip and data-centre stocks led a technology-sector selloff. The Nasdaq was down 4.8 percent in midday trading, while the S&P 500 fell 3.6 percent. Investors assessed whether Democrats’ midterm victories could bring political resistance to AI infrastructure projects.

US marketsAItechnology stocksmidterm elections

AAl Jazeera★★★☆☆2026-11-05 17:56Original