Wall Street bloodbath: $2.5 trillion wiped out as Nasdaq suffers worst crash in 18 months
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Wall Street faced a dramatic selloff with technology stocks plummeting due to growing concerns about artificial intelligence spending. Investors reevaluated popular AI-related trades after midterm election results suggested potential tougher scrutiny in the industry. The Nasdaq d...
Wall Street faced a dramatic selloff with technology stocks plummeting due to growing concerns about artificial intelligence spending. Investors reevaluated popular AI-related trades after midterm election results suggested potential tougher scrutiny in the industry. The Nasdaq dropped more than 5%, marking its worst session in 18 months and entering correction territory. The selloff spread to Asian markets, leading to declines in Japan's Nikkei and South Korea's Kospi.
Original Source
https://timesofindia.indiatimes.com/business/international-business/wall-street-bloodbath-2-5-trillion-wiped-out-as-nasdaq-suffers-worst-crash-in-18-months/articleshow/135590089.cms
