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The Nasdaq MarketSite's curved video screen in Times Square ajay_suresh, CC BY 2.0

US tech stocks lose more than $2 trillion as investors weigh Democratic wins on AI

The Nasdaq Composite fell 5.5% on 5 November 2026, its worst day since April 2025, as chipmakers led a sell-off driven by fears that a Democratic Congress will slow the data-centre build-out behind the AI boom.

Technology Comlumen Desk 3 min read

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  1. Technology

    US tech stocks lose more than $2 trillion as investors weigh Democratic wins on AI

    The Nasdaq Composite fell 5.5% on 5 November 2026, its worst day since April 2025, as chipmakers led a sell-off driven by fears that a Democratic Congress will slow the data-centre build-out behind the AI boom.

  2. Business

    Wall Street has its worst day since April 2025 as chip stocks lead a post-election sell-off

    The Nasdaq Composite fell 5.5% on Thursday 5 November and entered a correction as AI and semiconductor shares tumbled, and the selling spread to Asian markets on Friday.

  3. Business

    Oil swings after US midterms as traders weigh Iran war and Hormuz disruption

    Brent crude fell 8.7% on 4 November on hopes the election result would speed an end to the war with Iran, then rose back towards $100 a barrel after new tanker attacks.