US Stock Markets Lose More Than $2 Trillion
In early November, American financial markets experienced one of their most difficult trading days. During the November 5 trading session, the country's major stock market indexes unexpectedly recorded significant declines. According to leading market monitoring platforms, the figures changed as follows:
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Dow Jones — fell by 3.44%;
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S&P 500 — declined by 4.36%;
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Nasdaq — suffered the largest loss, dropping 5.52%.
According to Reuters, this marked the Nasdaq's biggest single-day decline in the past 19 months. The stock market's total market capitalization fell by more than $2 trillion in just one day.
The heaviest losses were concentrated in the technology sector and major companies involved in artificial intelligence (AI). In particular:
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SpaceX — shares dropped by more than 10%;
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Nvidia — shares lost approximately 9% of their value;
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Tesla — shares also declined by around 10%.
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