Thursday, November 5: one day on Wall Street

Nasdaq -5.52%
S&P 500 -4.36%
Dow -3.44%
Nvidia -9.26%
S&P tech sector -7.30%, its worst day since March 2020
The Magnificent Seven lost over $1 trillion in market value in a single day

Meanwhile, on the other side:
Costco +1.83%
416 NYSE stocks rose, while 2,344 fell
Nvidia is down for the year, -2.6%
The S&P closed at 7353.73, just 5.95% below its October 6 record high
The Nasdaq is more than 10% below its October 6 high, entering correction territory

The tech sector had its worst day since March 2020, while the S&P is still just 6% off its high.

Those panicking are the ones who went all-in chasing AI. Those investing a fixed amount in the S&P every month bought near the lowest closing price since July 29.

Data: CNBC, portfolio-terminal closing statistics for November 5. Not investment advice.

#美股 #英伟达 #Nasdaq