{
  "id": 18385464,
  "title": "A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4%",
  "url": "https://urgent.news/2026/11/05/a-brutal-sell-off-for-ai-stocks-sends-wall-street-reeling-and-the-s-p-18385464",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-05T21:56:58.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/world/brutal-sell-ai-stocks-sends-wall-street-reeling-and-sp-500-tumbles-44-6529101"
  },
  "original_language": "en",
  "account": "A disastrous sell-off hit Wall Street on Thursday, November 5, as stocks linked to AI data centers took a severe downturn. This sharp decline erased the market's gains from the previous day, which had been the best in three months. The S&P 500 plummeted 4.4 percent, marking its worst day since the \"Liberation Day\" tariffs were announced by former President Donald Trump in April 2025. The Dow Jones Industrial Average and Nasdaq composite also suffered significant losses, falling 3.4 percent and 5.5 percent, respectively. The Nasdaq, heavily weighted with AI-related and other tech stocks, fell 11.9 percent below its all-time high. Analysts consider a loss of more than 10 percent a \"correction.\" Global markets faced pressure from the continued decline in AI stocks, with South Korea's Kospi index dropping 5.3 percent. Critics argue that AI stock prices were inflated and were in a bubble. The recent US midterm elections added uncertainty, as Democrats' victories raised concerns about potential government-imposed pauses in AI data center construction. This could lead to fewer AI chip purchases, electricity, and related services in demand, potentially slowing the US economy's growth. Chipmaker Nvidia, the face of the AI boom, fell 9.3 percent, while Advanced Micro Devices and CoreWeave also saw substantial declines. The S&P 500 ended the day at 7,353.73, down 334.89 points, while the Dow Jones and Nasdaq Composite also experienced significant drops. Oil prices rose slightly, and Treasury yields continued to fall, signaling investor flight to safety in US bonds. Despite positive economic indicators, such as falling unemployment claims and improved worker productivity, investors remain cautious amid geopolitical tensions and inflation concerns.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "SecurityWeek",
        "title": "CrowdStrike Reportedly Paying $495 Million for AI Security Firms Fiddler, Dreadnode",
        "url": "https://urgent.news/2026/11/03/crowdstrike-reportedly-paying-495-million-for-ai-security-firms",
        "published": "2026-11-03T14:12:44.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "CrowdStrike agrees to buy Fiddler AI, which helps monitor AI agents, for ~$400M, and Dreadnode, an automated security AI testing tool, for ~$95M, mostly in cash (James Rundle/Wall Street Journal)",
        "url": "https://urgent.news/2026/11/03/crowdstrike-agrees-to-buy-fiddler-ai-which-helps-monitor-ai-agents",
        "published": "2026-11-03T14:50:01.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "AI-linked stocks drive Wall Street gains as Apple shares slip",
        "url": "https://urgent.news/2026/11/03/ai-linked-stocks-drive-wall-street-gains-as-apple-shares-slip",
        "published": "2026-11-03T21:29:00.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "CrowdStrike to acquire cybersecurity startups Fiddler AI, Dreadnode for reported $495M",
        "url": "https://urgent.news/2026/11/03/crowdstrike-to-acquire-cybersecurity-startups-fiddler-ai-dreadnode",
        "published": "2026-11-03T23:31:14.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "CrowdStrike to buy Fiddler AI, Dreadnode for $495m",
        "url": "https://urgent.news/2026/11/04/crowdstrike-to-buy-fiddler-ai-dreadnode-for-495m",
        "published": "2026-11-04T03:48:19.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "Wall Street's rising stars say these skills matter more than ever in the AI era",
        "url": "https://urgent.news/2026/11/05/wall-streets-rising-stars-say-these-skills-matter-more-than-ever-in",
        "published": "2026-11-05T10:28:01.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025",
        "url": "https://urgent.news/2026/11/05/ai-chip-stocks-drag-wall-street-toward-worst-day-since-trumps-tariff",
        "published": "2026-11-05T16:27:02.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Wall Street slumps as AI stocks tumble, Nasdaq nears correction",
        "url": "https://urgent.news/2026/11/05/wall-street-slumps-as-ai-stocks-tumble-nasdaq-nears-correction",
        "published": "2026-11-05T17:34:37.000Z"
      },
      {
        "outlet": "Global News",
        "title": "AI stock sell-off sends Wall Street reeling and erases midterm rally gains",
        "url": "https://urgent.news/2026/11/05/ai-stock-sell-off-sends-wall-street-reeling-and-erases-midterm-rally",
        "published": "2026-11-05T18:41:09.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Wall Street's fear gauge posts its biggest jump since Liberation Day as AI stocks sell off",
        "url": "https://urgent.news/2026/11/05/wall-streets-fear-gauge-posts-its-biggest-jump-since-liberation-day",
        "published": "2026-11-05T21:10:41.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}