Wall Street Loses $2 Trillion as AI Stocks Crash Into Correction
US stocks tumbled on Thursday, November 5, wiping out the previous session’s post-midterm rally as investors sold chip and AI stocks. The Nasdaq Composite fell more than 4% to 24,655.51, the S&P 500 dropped 3.11% and the Dow lost 2.36%, with over $2 trillion in market value erased. Full story in slides above — Sources: Reuters, CNBC via Business Today, The Economic Times, November 5, 2026.