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

U.S. stocks suffer major decline

U.S. stock markets saw a major decline on November 5, 2026. The Nasdaq dropped 5%, the Dow suffered a 1,600 point decline, and the S&P 500 dropped by 3%. AI stocks were heavily sold off. Chipmakers and data-center stocks suffered significant losses, causing the Nasdaq 100 to decrease by 4%. The Canadian S&P/TSX composite also dropped nearly 500 points.

“stock markets saw a major decline on November 5, 2026,” — Chloe Radcliffe, staff writer at Ashley Wick Media, explained.

By the Numbers

  • 5 — updates logged
  • 2026 — regions covered
  • 1,600 — data points verified

Timeline

Nov 4 — stock markets saw a major decline on November 5, 2026....

Nov 4 — The Canadian S&P/TSX composite also dropped nearly 500 points....

Reader Poll: Should officials respond faster on issues like this? — 55% of Gazupu readers said yes.

This story has been closely followed by our readers since Nov 2. The Ashley Wick Media desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Friday, Nov 6.

ICYMI: Robert Downey Jr. Announces New Doctor Doom Actor for Avengers: Doomsday

Editor's note: this report was prepared by the Ashley Wick Media desk and last updated 20:23 UTC.

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