U.S. stocks tumbled sharply, with the three major indices recording their largest single-day declines since April 2025
2026-11-06 06:59:51
According to CoinMeta, on Thursday, U.S. stocks tumbled significantly, with the Nasdaq closing down 5.52%, the S&P 500 index falling 4.36%, and the Dow Jones Industrial Average dropping 3.44%. Investors, concerned about a slowdown in data center construction, accelerated their withdrawal from tech stocks. Vermont Senator Bernie Sanders called for a nationwide pause on data center construction, stating that the American people do not want to see large tech oligarchs destroying the environment and cutting jobs. Tim Holland, the chief investment officer of Orion, said that investors are choosing to wait and see until they can more clearly assess the impact of the election results on the capital expenditure cycle of AI.
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Source:Internet
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