Finance

Nasdaq plunges 4% on pace for correction territory as election results spook AI and chip stocks

A wipeout for AI stocks sends Wall Street reeling, and the S&P 500 tumbles more than 3%

Nasdaq plummets, Dow slides more than 1,000 points

U.S. Stocks Plunge in Sharp Reversal; Dow Briefly Drops More Than 1,000 Points as Investors Take Profits After Post-Midterm Rally