Wall Street bloodbath: $2.5 trillion wiped out as Nasdaq suffers worst crash in 18 months

What the coverage says

Markets suffered a sharp downturn following the United States midterm elections, erasing previous gains that had been driven by a Democratic sweep of Congress and expectations of an end to the Iran war according to NDTV Profit. The resulting selloff erased between $2.3 trillion and $2.5 trillion in market value, with the Nasdaq 100 plunging over 6 percent in what the Times of India described as its "worst crash in 18 months." Mint specifically noted a 9 percent drop for Nvidia, while both Mint and the Times of India reported that the losses were driven by anxiety over data-center spending and valuations in the artificial intelligence sector, as well as the prospect of heightened regulatory scrutiny following the election results.

Written by HeadlineShine from 3 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.