Wall Street Loses $3 Trillion as Nasdaq Plunges 5.5%
Key Takeaways Wall Street experienced its worst trading session since April 2025, with the Nasdaq dropping 5.52% and the S&P 500 losing approximately $3 trillion in value. Technology and AI stocks were significantly impacted, as concerns grew over regulatory scrutiny following the recent midterm elections. Elon Musk’s companies, including Tesla and SpaceX, also saw declines …