In the first 50 minutes after the open, U.S. stocks shed over $2 trillion in market value—one of the fastest selloffs in history.
The S&P 500 fell 2.7%, wiping out all its post-election gains.
AI computing leaders came under heavy pressure:
NVDA -7%|TSLA -9%|AMD -12.5%|MU -10%|$AVGO -5.5%

Investors sought safety in healthcare, consumer staples, and energy.
Is the market repricing?
A Democratic win could constrain the expansion of AI data centers.
Is the AI trade over?