Friday, 6 November 2026 Updated 48 min ago
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US tech shares fall sharply as investors bet on AI slowdown after Democrats’ election triumph

As Wall Street sustained widespread losses, the Nasdaq composite tumbled into ‘correction territory’ – more than 10% below its recent record high.

Image accompanying the story: US tech shares fall sharply as investors bet on AI slowdown after Democrats’ election triumph
Image: Photograph: John Angelillo/UPI/Shutterstock · via The Guardian

As Wall Street sustained widespread losses, the Nasdaq composite tumbled into ‘correction territory’ – more than 10% below its recent record high, The Guardian reported.

The tech-heavy index was heading for its biggest one-day fall since Donald Trump announced his “liberation day” tariffs on…

Key details

Location
United States · Americas
Reported by
The Guardian
First reported
Key names
AI, Democrats’, Wall Street The Nasdaq, Wall Street
Section
Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

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