A post by @DeItaone on X.
NASDAQ ERASES $2.5 TRILLION AS DEMOCRATIC SWEEP SPARKS AI SELLOFF
@DeItaone on X
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The Nasdaq 100 fell 6.4%, erasing about $2.5 trillion in market value, after a Democratic sweep in the U.S. elections triggered a selloff in AI and semiconductor stocks. The Nasdaq Composite dropped 5.5% and entered correction territory, roughly 12% below its October peak. Semiconductors plunged 12%, with Nvidia down 9%. The move matters because it signals investors are reassessing richly valued AI-linked names as the political backdrop shifts. What to watch next is whether the selloff deepens in chip and AI shares or stabilizes as markets digest the election outcome.
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Nasdaq, Nvidia (NVDA), Democratic Party
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