OVER $3 TRILLION WIPED OUT FROM U.S. STOCK MARK — U.S. stocks plunged Thursday, November 5

OVER $3 TRILLION WIPED OUT FROM U.S. STOCK MARK — U.S. stocks plunged Thursday, November 5, erasing an estimated $3 trillion in market value and wiping out gains from Wednesday’s post-midterm election rally. Technology and AI-related stocks led the selloff, with the Nasdaq dropping approximately 5%, the S&P 500 falling nearly 4%, and the Dow plunging more than 1,500 points. Investors are reportedly increasingly concerned about AI spending, technology valuations, and potential regulatory changes following Democrats’ midterm victories.