Nasdaq posts biggest daily drop in 19 months amid AI regulation fears
Summary of 2 reports
The Nasdaq experienced its largest single-day decline in 19 months as concerns about potential AI regulations intensified following Democrats' control of Congress. Chipmakers were particularly hard hit. The index has fallen more than 10% from its October 6 record high, entering a technical correction.
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US stocks: Nasdaq posts biggest daily drop in 19 months on fears of AI regulations (opens The Business Times in a new tab)
The index fell more than 10% from its Oct 6 record-high close, confirming a technical correction
US stocks: Nasdaq posts biggest drop in 19 months as Democrats’ midterm win fuels AI regulation fears (opens The Business Times in a new tab)
The index fell more than 10% from its Oct 6 record-high close, confirming a technical correction
Nasdaq posts biggest daily drop in 19 months on fears of AI regulations (opens The Straits Times in a new tab)
Chipmakers also sank on fears of tougher AI regulation after Democrats won control of the US Congress.
