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Nasdaq 100 Wipes Out $2.3 Trillion in AI Selloff: Markets Wrap

Bloomberg Markets·November 4, 2026·1 min read

The Nasdaq 100 wiped out $2.3 trillion in an AI selloff, as a post-election slide in chipmakers snowballed. Investors bailed from technology shares on speculation that congressional Democrats will clamp down on the artificial-intelligence industry, triggering a broad market decline.

Read at Bloomberg Markets
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