S&P 500 tumbles 4.4% as AI stocks sell off

· Economy · United States

A brutal sell-off for AI stocks sent Wall Street reeling on Thursday, with the S&P 500 tumbling 4.4% in its worst session since April 2025. Investors exited technology shares over concerns that a Democratic Congress will impose stricter regulation on the artificial intelligence industry after the midterm elections.

Why it matters:The scale of the drop shows how sensitive the AI trade is to political risk.

Key points

  • The S&P 500 fell 4.4%.
  • It was the worst session since April 2025.
  • Concerns centre on stricter AI regulation.

Sources (original reporting)

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