What happened
Investors retreated from AI-focused stocks right after the US election, sending the Nasdaq down 5%.
Why it matters
Big AI companies have been the main engine of the market recently. A selloff of this size shows how quickly AI valuations were priced in and how election uncertainty is spilling into the sector.
Details are limited
The source only reports the index drop and its cause; there is no breakdown of which stocks fell or by how much. This story will be updated as more details emerge.
