Tech stocks slide as midterm results fuel AI selloff fears
U.S. tech stocks plunged after the midterm elections, with the Nasdaq falling 5.5% in its worst day since April 2025 as investors dumped AI chip stocks.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
U.S. tech stocks plunged after the midterm elections, with the Nasdaq falling 5.5% in its worst day since April 2025 as investors dumped AI chip stocks. On Friday, tech stocks steadied after one of their worst routs in years, though markets remained volatile.
Why it matters
Experts say the volatility is likely to continue, and economists warn that the political backlash against data centers threatens a critical source of U.S. investment.
Timeline
- Nov 6, 6:14 AM ET: The Nasdaq fell 5.5% in its worst day since April 2025 as investors dumped AI chip stocks on fears of tighter regulation after the Democratic midterm win.
- Nov 6, 11:15 AM ET: Tech stocks in the U.S. steadied after suffering one of their worst routs in years, as investors weighed an AI investment slowdown against future gains.
- Nov 6, 3:50 PM ET: Economists said the political backlash against data centers is intensifying, threatening to choke off a critical source of U.S. investment.
Coverage
- Eyewitness News Unscripted: Watching the stock market (wfsb.com)
- Stock Market Today : AI Stocks Rebound After Brutal Nasdaq Selloff, Oil prices Fall (eurasiabusinessnews.com)
- Hedge Funds Dump Positions, Cut Staff Amid Selloff (WSJ)
- Chart Master: Market technicals amid volatility (CNBC)
- 'Fast Money' traders react to the week's market swings (CNBC)
- Overheating or underperforming? What mixed signals say about the U.S. economy (WRAL)
- Tech stocks suffer correction as AI boom challenged by voters (Boston Globe)
- Nasdaq Adds 264 Points in Tech Rebound, But Ends the Week Lower: Stock Market Today (kiplinger.com)
- Buy the Stock Market Dip. Here’s How. (barrons.com)
- The AI Crash Broke the Market. Here Are 3 Things That Decide What’s Next. (barrons.com)
- 5 Companies Buying Back Their Own Stock Hand Over Fist As the Stock Market Sells Off (fool.com)
- United Rentals Stock Finding Support At Key Level Amid Market Losses (Investor's Business Daily)
- Micron Stock Is the Cheapest Right Now -- Here's Why (Yahoo News)
- The Midterms Rattled AI Stocks. Here’s What to Watch in the Broader Economy. (cfr.org)
- AI Stocks Lose $1 Trillion in a Day. At 68, She Will Take $15,000 in Back Social Security Payments and Give Up a Bigger Monthly Check (247wallst.com)
- US Stock Market: Nasdaq rebounds as Dow falls after $3 tn AI selloff (Beinsure)
- AI crush is powering one stock to sky-high valuations (CNBC)
- What’s next for your portfolio after the decline in Big Tech stocks? (Philip van Doorn)
- The Investment Committee discusses the stock rebound led by tech (CNBC)
- Copper price falls, heads for worst week since March on AI rout (mining.com)
- Stocks Suffer Ugly Election Week Losses (Investor's Business Daily)
- China Quant Funds Lose Over 10% as Nasdaq Rout Spreads (disruptionbanking.com)
- Wall street under pressure: AI concerns and a strong labor market complicate the outlook (marketpulse.com)
- J.P. Morgan global market strategist on tech stock selloff (NBC News)
- Treasuries regain safe-haven status amid stock market jitters (Natasha Rega-Jones)
- Market turmoil saps enthusiasm for the buzziest IPO of the year (CNN)
- Nvidia, AMD and other chip stocks rebound. Is the ‘violent’ AI selloff over? (marketwatch.com)
- The Stock Market Just Suffered a $2.5 Trillion Drop. Panic-Cutting Marketing Budgets Would Still Be a Fatal Mistake (inc.com)
- Anthropic's IPO valuation could plunge to near $1 trillion amid market turmoil (Yahoo News)
- These three stars need to align before investors rush back into stocks, Bank of America strategist says (marketwatch.com)
- What to do with your retirement savings in a stock market sell-off (Yahoo News)
- Stock Market Today (Nov. 6, 2026): S&P 500 edges higher following AI tech rout (Yahoo News)
- Stock market volatility follows midterm election results (fox10phoenix.com)
- Massive tech sell-off rattles stock market (fox9.com)
- Be ready for a stock market crash (Yahoo News)
- Stock Market Loses $2.5 Trillion as Trump Blames Democrats. What You Need to Know (centraloregondaily.com)
- What sparked Wall Street’s crazy sell-off? (CNN)
- The Nasdaq Just Hit Correction Territory. History Says the Stock Market Will Do This Next (Hint: It May Stun You) (fool.com)
- Yikes! The Stock Market Just Did Something It Has Never Done Before. History Is Clear About What Comes Next. (fool.com)
- The Stock Market Just Had Its Worst Day in 19 Months. Here's Warren Buffett's Rule for a 65-Year-Old With $800,000 in Retirement Savings. (247wallst.com)
- Nasdaq enters correction after AI stock sell-off
- Tech stocks slump as AI selloff hits Wall Street after midterms
- AI stock selloff wipes out $2.3 trillion as investors rethink tech
- Tech stocks slide as AI selloff follows Democratic midterm wins
- Bitcoin falls below $76,000 after AI-led tech selloff
- Trump attributes market drop to Democrats' midterm gains
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