The Times of IndiaUs
Nasdaq plunges 5% as $2.5 trillion wiped from markets
Technology shares plunged as investors questioned heavy artificial intelligence spending and braced for tougher industry scrutiny after election results. The Nasdaq fell more than five percent, its worst day in 18 months, while losses spread to Asian markets.
This card is an AI-assisted summary of reporting published by The Times of India. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.