Macro Finance
Nasdaq 100 Sinks 5% as Chipmaker Selloff Deepens: Markets Wrap
Bloomberg Markets·November 4, 2026·1 min read
The Nasdaq 100 fell 5% as the chipmaker selloff deepened, with investors weighing the potential impact of a Democratic sweep of Congress on the AI trade that has powered the bull market. The rout in chipmakers accelerated, reflecting concerns over policy changes that could affect the technology sector.
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