# AI stocks plunge after election, dragging down US markets

https://mins.news/en/item/131204

- Al Jazeera, 2026-11-05 17:56 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/11/5/ai-stocks-plunge-after-election-driving-down-us-markets?traffic_source=rss

> 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.

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