Event tracker · Stocks

Nasdaq 100 Sinks 4.5% as Chipmaker Selloff Deepens: Markets Wrap

NewsMatic is following verified developments and related reports from trusted publishers.

Read the lead brief →

Lead development · 11/4/2026, 10:15:04 PM UTC

Nasdaq 100 Sinks 4.5% as Chipmaker Selloff Deepens: Markets Wrap

A post-election slide in chipmakers snowballed, dragging the Nasdaq 100 down 4.5%, as investors bailed from the sector on speculation congressional Democrats will clamp down on the artificial-intelligence industry.