From NDTV
Center-Right Owned by Adani Group (AMG Media)US Market Falls 5% As Tech Stocks Tumble After US Midterms
What's behind this
US equity markets fell about five percent after the midterm elections, with the Nasdaq, Dow and S&P 500 all dropping as chipmakers and AI data‑centre firms led the losses. Technology shares were hit hard: Nvidia slid more than six percent, AMD fell 12 percent and Micron lost 11 percent. The broader sell‑off was described as a tumble in major technology stocks, and analysts linked the reaction to a Democrat win that spooked global markets and prompted traders to dump tech stocks.
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What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 1 outlet
US stocks tumble as Nasdaq, Dow and S&P 500 fall, with chipmakers, AI data centre companies and major technology stocks leading Wall Street losses.
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right · 1 outlet
Industry giant Nvidia fell more than six percent, while its competitor AMD dropped 12 percent and memory chip maker Micron lost 11 percent.
— NDTV
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Industry giant Nvidia fell more than six percent, while its competitor AMD dropped 12 percent and memory chip maker Micron lost 11 percent.
