Nasdaq Slides Into Correction as AI Rout Wipes Out Midterm R...
Wall Street’s midterm rally vanished Thursday: Dow 51,523.06 (−3.44%), S&P 500 7,353.73 (−4.36%), Nasdaq 24,315.00 (−5.52%) — worst day since 4 April 2025; Nasdaq into correction. Nvidia −9%+ (−$440bn mcap); MU & AMD ~−17%; Mag7 −$1T+. Airbnb +11% AH; DraftKings −24%. Asia: Nikkei bear (~−5.9%), Kospi circuit breakers. Brent $98.29 (+3.8%); gold Dec $4,113.50. Gulf: TASI +0.56%, Qatar +1.84%, Kuwait All-Share +0.81%, MSX 30 +0.21% to 7,276.41. Payrolls today 17:30 Muscat. Educational angle: correction vs bear market.