Nasdaq Set to Confirm Correction as AI Stocks Tumble
The Nasdaq Composite was set to confirm a correction Thursday as chipmakers sank on fears of tougher AI regulation after the Democrats' midterm sweep. The index was set for its worst day since the April 2025 “Liberation Day” rout.
By Shashwat Chauhan and Utkarsh HathiThe Nasdaq Composite was set to confirm a correction on Thursday as chipmakers sank on fears of tougher AI regulation after the Democrats' midterm sweep, setting up the index for its worst day since the April 2025 "Liberation Day" rout.Nvidia NASDAQ:NVDA drop…