{
  "id": 18449482,
  "title": "European Shares Seen Lower After Tech Rout On Wall Street",
  "url": "https://urgent.news/2026/11/06/european-shares-seen-lower-after-tech-rout-on-wall-street",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T05:32:48.000Z",
  "source": {
    "name": "Nasdaq Markets",
    "slug": "nasdaq-markets",
    "url": "https://www.nasdaq.com/articles/european-shares-seen-lower-after-tech-rout-wall-street"
  },
  "original_language": "en",
  "account": null,
  "summary": "European stocks are expected to open sluggishly on Friday following a significant sell-off on Wall Street. According to Nasdaq Markets, the overnight rout wiped out approximately $2.5 billion in market value and pushed the Nasdaq into correction territory.\n\nHindu BusinessLine reports that a severe technology-led sell-off on Wall Street served as a global trigger, with the Nasdaq tumbling 5.52 per cent, the S&P 500 falling 4.36 per cent, and the Dow Jones Industrial Average losing 3.45 per cent. During the first 30 minutes of the US market opening, nearly ₹1.3 trillion in market capitalisation was erased. Specific losses included SanDisk falling 15 per cent, AMD dropping 12 per cent, and Tesla shedding 10 per cent, while Nvidia, TSMC, and Broadcom also faced significant selling pressure.\n\nThe volatility also impacted Asian markets. Hindu BusinessLine noted that the Nifty 50 opened lower at 24,484.95, while the Sensex showed mixed early trade, rising marginally to 79,349.62.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Nifty opens in red as Wall Street tech rout spills over; IT stocks under pressure",
        "url": "https://urgent.news/2026/11/06/nifty-opens-in-red-as-wall-street-tech-rout-spills-over-it-stocks",
        "published": "2026-11-06T04:06:31.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "D-St defies Asia rout! Sensex surges over 600 pts, Nifty above 24,650 as Diwali fireworks continue. What's ahead?",
        "url": "https://urgent.news/2026/11/06/d-st-defies-asia-rout-sensex-surges-over-600-pts-nifty-above-24-650",
        "published": "2026-11-06T04:37:15.000Z"
      },
      {
        "outlet": "RNZ Business",
        "title": "NZ stocks hold up well in face of big Wall Street sell-off",
        "url": "https://urgent.news/2026/11/06/nz-stocks-hold-up-well-in-face-of-big-wall-street-sell-off",
        "published": "2026-11-06T04:39:46.000Z"
      }
    ]
  },
  "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."
}