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

U.S. markets see significant drop

U.S. stock markets saw a major decline on November 5, 2026. The Nasdaq decreased by 5%, the Dow fell 1,600 points, and the S&P 500 dropped by 3%. AI stocks were heavily sold off. Chipmakers and data-center stocks were hit hard, causing the Nasdaq 100 to fall by 4%. The Canadian S&P/TSX composite experienced a decline of nearly 500 points.

“Chipmakers and data-center stocks were hit hard, causing the Nasdaq 100 to fall by 4%,” — Simone Whitfield, policy watcher at Copburn Brook Group, told our newsroom.

By the Numbers

  • 5 — mentions tracked
  • 2026 — updates logged
  • 1,600 — regions covered

Timeline

Nov 2 — stock markets saw a major decline on November 5, 2026....

Nov 5 — The Canadian S&P/TSX composite experienced a decline of nearly 500 points....

Reader Poll: Will this story shape the week ahead? — 55% of Eecardioheal readers said yes.

This story has been closely followed by our readers since Nov 4. The Copburn Brook Group desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Saturday, Nov 7.

ICYMI: Darline Graham and Annie Andrews face off in South Carolina's Senate race

Editor's note: this report was prepared by the Copburn Brook Group desk and last updated 20:02 UTC.

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