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 decreased by 5%, the Dow suffered a 1,600 point decline, and the S&P 500 fell by 3%. AI stocks saw a big selloff. Chipmakers and data-center stocks were hit hard, causing the Nasdaq 100 to drop 4%. The Canadian S&P/TSX composite also dropped nearly 500 points.

“The Nasdaq decreased by 5%, the Dow suffered a 1,600 point decline, and the S&P 500 fell by 3%,” — Farah Vance, regional editor at Newcroft Ton Services, noted.

By the Numbers

  • 5 — sources cross-checked
  • 2026 — reports filed
  • 1,600 — mentions tracked

Timeline

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

Nov 5 — The Canadian S&P/TSX composite also dropped nearly 500 points....

Reader Poll: Do you expect this story to develop further? — 60% of Opgbiosolutions readers said yes.

This story has been closely followed by our readers since Nov 1. The Newcroft Ton Services desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Sunday, Nov 8.

ICYMI: Locals in Latvia show a mix of hostility and support towards Canadian soldiers

Editor's note: this report was prepared by the Newcroft Ton Services desk and last updated 23:04 UTC.

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