Wall Street Wipes Out $3.2 Trillion as AI Stocks Get Hammered
1 day ago / Read about 0 minute
Author:小编   

Reuters reported that the Democratic Party's landslide victory in the U.S. midterm elections has sparked investor concerns over tighter AI regulation and a slowdown in data center construction. On Thursday, U.S. tech stocks suffered a massive sell-off, with Wall Street losing about $3.2 trillion (roughly 22.7 trillion yuan) in market value in a single day. The Nasdaq Composite Index plunged 5.52%, marking its largest single-day decline since April 2025 and a cumulative drop of nearly 12% from its record high in early October, slipping into correction territory.

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