05 Nov 2026, 11:16 PM
Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses
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Guard News
@guardnews
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 this week’s midterm elections.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. Continue reading...
Source Credit: theguardian.com
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