Wall Street falls as AI-related shares slide

AI · First reported 5 Nov, 17:31 · Updated 18:28

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Wall Street shares declined, with technology and AI-related stocks among the fallers. The Nasdaq moved toward correction territory, while the centre-side report also highlighted the market slump and falling AI stocks.

The Nasdaq fell by as much as 5% on Thursday and was more than 10% below its recent record high.
The Guardian linked investor concerns to possible tighter scrutiny of data-centre expansion following midterm election results and local votes.
The Guardian reported declines in the Dow Jones and S&P 500, while the Indian Express headline described AI stocks tumbling as the Nasdaq neared correction.

Summary written by Lux AI from 2 articles

Key facts

Nasdaq: Fell by as much as 5% on Thursday and was more than 10% below its recent record high.
Dow Jones: Down more than 1,500 points, or 2.8%, in early afternoon trading.
S&P 500: Down 3.7%.
VIX: Rose 40% to its highest levels since the early weeks of the Iran war.
FTSE 100: Closed down 46 points, or 0.4%, at 10,782.66.