# Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday’s tech stock plunge

- Link: https://www.widthness.com/magnificent-7-loses-1-trillion-the-most-eye-popping-stats-from-thursdays-tech-stock-plunge/
- Published: 2026-11-06T09:45:00-06:00
- Author: Curated by John Wysocki

Photo credit: Standret via Magnific. Article by Sean Conlon, Gina Francolla and Christopher Hayes. CNBC – updated November 5, 2026. Stocks suffered a major sell-off on Thursday as investors’ fears about a slowdown in the buildout of artificial intelligence rocked not only the trade itself but also the broader market. The tech-heavy Nasdaq Composite receded more than 5% and finished in correction territory alongside the small-cap Russell 2000 index. The blue-chip Dow Jones Industrial Average retreated more than 1,800 points, or more than 3%, and the broad market S&P 500 pulled back more than 4%. Those moves gave back the big gains seen in Wednesday’s postelection rally and then some. […] Click here to view the original article at www.cnbc.com Related articles: Tech Rout Wipes Out $2.5 Trillion, With AI Investors Anticipating Heavier Scrutiny From Dems – Gizmodo Why the midterm blue wave just triggered a red Wall Street – USA Today A brutal sell-off for AI stocks sends Wall Street reeling, and the S&P 500 tumbles 4.4% – AP News Curated by John Wysocki See Full Bio