The Nasdaq 100 just crashed 6.4%, its worst day since March 2020Nasdaq -5.5% to 24,315 and now in correction territoryS&…
The Nasdaq 100 just crashed 6.4%, its worst day since March 2020
Nasdaq -5.5% to 24,315 and now in correction territoryS&P 500 -4.4% to 7,354, worst day since the April 2025 tariff crashDow -1,833 points (-3.4%) to 51,523The chip index collapsed 12.2% as $Sandisk(SNDK.US) -22%, $Micron Tech(MU.US) -17.5%, $AMD(AMD.US) -17%, $Arm(ARM.US) -13%, $Taiwan Semiconductor(TSM.US) -11%, $Broadcom(AVGO.US) -10% and $NVIDIA(NVDA.US) -9%$Tesla(TSLA.US) -10.8% and $Palantir Tech(PLTR.US) -9.7%$Qualcomm(QCOM.US) and $Arm(ARM.US) earnings lit the fuse overnight, then blue wave fears of data center limits finished the jobThe VIX jumped 70% to 28.18, and Bitcoin fell 5.7% to $75.8KWTI crude rose $2.98 to $91.10 while gold edged up to $4,100Wednesday's entire post-election rally was gone in one session. When the market starts asking what AI actually earns instead of what it costs to build, the most crowded winners of 2026 become the first thing everyone sellsSource: StockMarket.News
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