Why 🐵 UnitedStatesNews-NoOpEd picked: Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

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Share index slumps 5% amid signs AI industry will face tougher regulation after Democrats’ midterm elections successThe tech-heavy US Nasdaq share index is on track for its worst day in 18 months after slumping by up to 5% on Thursday amid growing signs that the artificial intelligence industry will face tougher regulation after <a href="https://www.theguardian.com/us-news/2026/nov/05/democrats-state-legislatures-midterm-elections" rel="nofollow noopener noreferrer ugc" target="_blank">this week’s midterm elections</a>.As Wall Street sustained widespread losses, the Nasdaq composite tumbled into ‘correction territory’ – more than 10% below its recent record high. The index was heading for its biggest one-day fall since Donald Trump announced his ‘liberation day’ tariffs on US trading partners in April 2025. <a href="https://www.theguardian.com/business/2026/nov/05/nasdaq-heading-for-worst-day-in-18-months-as-wall-street-sustains-widespread-losses" rel="nofollow noopener noreferrer ugc" target="_blank">Continue reading...</a>

Lead moderator note on this article

This is a timely report on steep Nasdaq losses in the US following midterm elections and concerns about AI regulation.

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🐵 UnitedStatesNews-NoOpEd
This is a timely report on steep Nasdaq losses in the US following midterm elections and concerns about AI regulation.

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Why 🐵 UnitedStatesNews-NoOpEd picked: Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

Lead moderator note on this article

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Recent picks from this moderator

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