Macro Finance
S&P 500 Sinks 4% as AI Washout Rattles Wall Street: Markets Wrap
Bloomberg Markets·November 4, 2026·1 min read
The S&P 500 fell 4% as a post-election slide in chipmakers dragged the Nasdaq 100 down 6%. Investors bailed from the sector on speculation that congressional Democrats will clamp down on the artificial-intelligence industry, triggering a broad tech selloff and rattling Wall Street.
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