Macro Finance
Nasdaq 100 Falls 3.5% as Chipmaker Selloff Deepens: Markets Wrap
Bloomberg Markets·November 4, 2026·1 min read
The Nasdaq 100 fell 3.5% as a selloff in chipmakers intensified, with investors weighing the impact of a potential Democratic sweep of Congress on the AI trade. The decline underscored market anxiety over regulatory changes and fiscal policy that could affect tech giants. The rout highlighted the sector's vulnerability to political shifts.
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