● IndustryNov 5, 2026 · 23:518 sources
Nvidia Turns Negative for 2026 as $2.3T US Stock Wipeout Pushes Nasdaq Into Correction
From marketbrief.now
AI;DR
Nvidia erased its gains for 2026 on Thursday. A deepening selloff wiped $2.3 trillion from the U.S. equity market in the first hour of trading. The Nasdaq Composite fell as much as 5.5% into its second correction of the year.
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- SUPPORT@wallstengine“Nasdaq -5.3% 🩸 S&P 500 -3.5% 🩸 Chip index -11.2%, worst since March 2020”x.com
- SUPPORT@bespokeinvest“After 50 stocks in the S&P 1500 fell 10%+ yesterday, today there are currently 118.”x.com
- SUPPORT@hayekandkeynes“Market decided it was important today... semi's down 10-15%, same with those building data centers”x.com
- SUPPORT@hedgiemarkets“That puts the Nasdaq more than 10% below its October 6 record, its second correction this year.”x.com
- SUPPORT@kobeissiletter“Over the last 24 hours, Democratic lawmakers have publicly called for restrictions on advanced AI development, including an outright "ban on artificial superintelligence."”x.com
- SUPPORT@tkl_adam“the S&P 500 is still up +9% YTD and +85% since the AI Revolution began”x.com