CONNECT WITH US
AI & Deeptech

AI & Deeptech

Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

The Guardian – AI logo

Published on

Add as a preferred source on Google
Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

Share index slumps 5% amid signs AI industry will face tougher regulation after Democrats’ midterm elections success

The Nasdaq share index was on track for its worst day in 18 months after slumping by up to 5% on Thursday amid growing signs that the artificial intelligence industry will face tougher regulation because of the midterm election results.

As Wall Street sustained widespread losses, the Nasdaq composite tumbled into ‘correction territory’ – more than 10% below its recent record high. The tech-heavy index was heading for its biggest one-day fall since Donald Trump announced his “liberation day” tariffs on US trading partners in April 2025.



Source link
Related Topics:AI & Deeptech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.