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Wall Street - New York Stock Exchange

MarketsUnited States

Dow falls 1,200 points as Nasdaq enters correction

US stocks gave back their post-midterm rally. The Dow dropped 1,200 points and the Nasdaq fell into a correction, as tech stocks sank on AI worries.

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Photo: Carlos Delgado, CC BY-SA 3.0, via Wikimedia Commons

Markets ·

US stocks erased the rally that followed the midterm elections. The Dow Jones Industrial Average fell 1,200 points.

Markets

The Nasdaq entered a correction, meaning it fell far enough from a recent peak to mark a notable pullback. Tech stocks led the decline.

In numbers

  • 1,200 pointsDow drop

Dow Jones, the past month

51,648.21up +0.25%

53,356.1251,179.876 Oct5 Nov

Markets

Worries about AI and about the Democrats' midterm landslide weighed on tech shares.

The story in brief

MoneyVision newsroom · Published

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
Photo: Carlos Delgado, CC BY-SA 3.0, via Wikimedia Commons

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