The stock market roared on Wednesday. On Thursday, it was taking back a big chunk of the gains, thanks to a massive tech selloff. The tech-focused Nasdaq slid 4.6% early Thursday, officially entering correction territory, while the S&P 500 fell 3% and the Dow lost more than 1,000 points,
» Read more about: Wednesday's Stock Market Gains Are Going Poof »
One chip stock sank on a morning with no company news, and your 401(k) felt it in three different funds at once. Check how much of your “diversified” portfolio quietly rides on a single ticker.
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The Nasdaq 100 has fallen more than 1,000 points on Thursday, 5 November, as concerns over the expansion of AI infrastructure weigh on technology stocks. Meanwhile, healthcare and consumer staples attract buyers. IG’s US Tech 100 cash indication trades at around 27,040 points in the afternoon. Failure to hold the psychological 27,000 level could open the way towards 26,000.
» Read more about: Nasdaq 100 drops over 1,000 points as tech stocks sell off »
Shares in technology companies dropped sharply Thursday, compounding recent declines and sparking concerns about the durability of an artificial intelligence boom that has driven much of recent U.S. economic growth.
The tech-focused Nasdaq 100 index dropped as much as 6.2%, before rebounding to trade lower by about 4.5% throughout the late morning.
» Read more about: Tech stocks plunge on worries about AI and Democrats’ midterm landslide »
Investors’ post-election euphoria lasted just one day before fears about the AI trade came roaring into view.
Democrats’ sweeping victories on Tuesday sparked a monster postelection rally, but US stocks are now getting pummeled by worries that the blue wave will usher in a new era of tighter regulation for data centers and AI development,
» Read more about: Stocks are cratering as the AI trade's post-election honeymoon ends »
Gold and silver are among the most popular choices for buyers during Diwali. While some people purchase them as part of the festive tradition, others see precious metals as a way to invest for the future.
With prices seeing sharp ups and downs recently, buyers may be wondering whether this is the right time to invest in gold or silver.
» Read more about: Gold or silver this Diwali? What buyers should consider before investing »
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How Americans voted in the 2026 midterm elections — and elections over the next several years — could influence their retirement income.
The Dow Jones Industrial Average plunged about 1,200 points on Thursday, eroding most of the rally from a day earlier when midterm election results propelled the index to its best trading session in more than a year.
The S&P 500 dropped 3.2%, while the tech-heavy Nasdaq fell 4.8%.
» Read more about: Dow plunges 1,200 points, shedding most of midterm results stock rally »
The S&P 500 looks flat before the bell, but a split is tearing through the market. After voters took aim at data centers, one group of AI winners is surging while the companies that supply them slide. The Fed speaks…
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A stock market crash is likely to take nearly all stocks down with it, but the key question to ask when looking to take advantage of a market-led dip is whether the reasons for the crash have impaired the company’s earnings prospects. In this context, I think healthcare stocks are a good place to start,
» Read more about: Here's the 1 Stock I'd Most Want to Buy If the Market Crashes »
