Wall Street tech sell-off: Nasdaq suffers worst session in 18 months
Written by AI from cnbc.com's report. Not checked by a person.
US stocks fell for the week after an AI-led sell-off, with the Nasdaq down 3.37% and the S&P 500 down 2.68%.
US equities ended the week to 6 November lower after a tech and AI-led sell-off. The Nasdaq fell 3.37% over the week, including a 5.52% drop on 5 November, its worst session in about 18 months, before rebounding about 1%. The S&P 500 lost 2.68% and the Dow 0.94%. Reports said roughly $2.5 trillion was wiped from the market at one point. Markets also weighed inflation and the Federal Reserve outlook, and the midterm election outcome.
