Wall Street Highlights: S&P 500 Sinks 4%, Nasdaq Tumbles As AI Washout Rattles Markets

TL;DR

Wall Street's selloff easily erased a rally on Wednesday, when the sweep of Congress by Democrats sent oil sharply lower on bets the election would speed an end to the Iran war.

Short summary

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Nov 5, 2026 · Updated 11/6/2026, 2:25:03 AM · Reported with: NDTV Profit

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