A wipeout for AI stocks sends Wall Street reeling, S&P 500 tumbles more than 3%
Business
Finance
November 6, 2026
Share this article
Click to view full size
Another wipeout for stocks tied to the buildout of AI data centres overwhelmed Wall Street on Thursday and more than erased all its gains from the day before, which was its best in three months.
The S&P 500 fell 3.5 per cent after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April 2025 after announcing his ‘Liberation Day’ tariffs.
The Dow Jones Industrial Average was down 1,433 points, or 2.7 per cent, as of 12:26 p.m. Eastern time, and the Nasdaq composite was 4.7 per cent lower.
Business
Finance
Need the bigger picture?
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
