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2026-11-05T18:21:25.647Z

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Nasdaq 100 Slide Worsens

Nasdaq 100 Slide Worsens

The Nasdaq 100 fell 5.1% as the sell-off intensified following the U.S. midterm elections, amid fears that a Democratic majority would impose tighter controls on technology companies and AI projects. The semiconductor index dropped 10%, Nvidia shares fell 7%, the S&P 500 declined 3.3%, and the Dow Jones fell 2.5%. Regulatory and environmental concerns raised the prospect of slower data-center construction and higher technology investment costs, prompting investors to reduce their exposure to risk.

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