On November 6, 2026, the US stock market experienced a sharp decline, marking the largest drop since 2020. This downturn affected many companies, particularly in the tech sector, including Nvidia.
Reasons for the Market Crash
Analysts point to the primary reason for the decline as investor fears regarding a potential slowdown in investments in artificial intelligence. This concern arose after the Democrats gained control of the US Congress, raising worries about the future growth of investments in this promising sector.
Impact on Stock Indices
By the end of the trading session, significant losses were recorded:
- The Dow Jones Industrial Average fell by 4.4%.
- The S&P 500 lost 4.4%.
- The Nasdaq 100 dropped over 6%, resulting in a loss of $2.3 trillion in market value.
Shares of Nvidia, the world's largest company by market capitalization, decreased by more than 9%, marking the largest drop since January 2025. This decline effectively erased all of the company's gains for the year.
Reactions in Asian Markets
Following the crash on Wall Street, Asian stock indices also suffered significant losses. In particular:
- The South Korean Kospi index fell by more than 8%.
- The Japanese Nikkei 225 dropped by 6%.
These events indicate the global impact of the US stock market decline on other regions, raising concerns among investors.