coin-img-BTCBTC-6.03%coin-img-ETHETH-8.25%coin-img-SOLSOL-6.88%coin-img-XRPXRP-8.35%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-6.90%coin-img-SUISUI-6.74%coin-img-DOGEDOGE-6.46%coin-img-BTCBTC-6.03%coin-img-ETHETH-8.25%coin-img-SOLSOL-6.88%coin-img-XRPXRP-8.35%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-6.90%coin-img-SUISUI-6.74%coin-img-DOGEDOGE-6.46%coin-img-BTCBTC-6.03%coin-img-ETHETH-8.25%coin-img-SOLSOL-6.88%coin-img-XRPXRP-8.35%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-6.90%coin-img-SUISUI-6.74%coin-img-DOGEDOGE-6.46%coin-img-BTCBTC-6.03%coin-img-ETHETH-8.25%coin-img-SOLSOL-6.88%coin-img-XRPXRP-8.35%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-6.90%coin-img-SUISUI-6.74%coin-img-DOGEDOGE-6.46%

US Stocks Shed $3 Trillion as Nasdaq Plunges 5.52% Amid AI and Election Concerns

U.S. stocks lost approximately $3 trillion in market value Thursday as AI and election concerns weighed on sentiment. The Nasdaq fell 5.52%, the S&P 500 dropped 4.36% and the Dow declined 3.44%, marking its worst session in nearly 19 months. Chip stocks slid more than 12%, while the VIX surged 11.57 points to around 28.2. Investors shifted toward short-term Treasuries, gold near $4,100 an ounce and the Japanese yen.
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