Wall Street's $1T Sell-Off

Benzinga - News
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4 Video Views·Nov 6, 2026
AI Generated·May contain errors
It's been Zynga, bringing Wall Street to Main Street.
Stocks plunged Thursday as fears of a slowdown
in artificial intelligence development triggered
a broad market sell-off, according to CNBC.
The Nasdaq composite fell more than 5%,
entering correction territory alongside the Russell
2000.
The S&P 500 dropped more than 4%,
while the Dow Jones Industrial Average lost more than
1,800 points.
All three major indexes recorded
their worst daily performances since April 4, 2025.
The Magnificent Seven lost more than $1 trillion
in combined market value.
Nvidia led the losses,
shedding more than $440 billion as its stock fell more than 9%.
All 11 S&P 500 sectors declined,
with information technology falling 7.3%.
More than 60% of S&P 500 stocks
were at least 10% below their 52-week highs.
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