This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Friday. Stock futures were mixed as investors sought to recover from a brutal AI-driven tech sell-off that wiped out the massive post-election rally from the previous day and sent the Nasdaq Composite into correction territory. The blue wave of Democratic victories by anti-AI candidates from Maine to Alaska added to existing fears about the durability of the AI boom. The tech-focused Nasdaq 100 index dropped 6.3%, erasing $2.3 trillion in market value, as investors stepped back to evaluate new risks to the billions of dollars in investments that have poured into the AI sector, NBC News reported. The S&P 500 tumbled 4.4%, erasing $2.8 trillion from the index’s value. Both indexes suffered their worst day since April 2025, when President Donald Trump’s global tariffs rocked markets. The broader Nasdaq Composite, which tracks more than just tech stocks, fell more than 5.5%, entering correction territory, defined as a decline of at least 10% from a recent high. Japanese and South Korean stocks fell sharply on Friday. The benchmark Nikkei Stock Average dropped more than 4,100 points, or 6.7%, falling below the 60,000 threshold for the first time since mid-May. In South Korea, the KOSPI fell 8.7% at one point as index heavyweights SK Hynix and Samsung Electronics skidded 13.8% and 11.0%, respectively. The Korea Exchange imposed a circuit breaker to cool the selling. “European markets are facing another difficult session following Thursday’s heavy selloff on Wall Street, with investors increasingly concerned that the recent correction in technology stocks could develop into a broader deterioration in risk appetite,” said Daniela Hathorn, senior market analyst at Capital.com. “The combination of elevated valuations, uncertainty around AI monetization and persistently high Treasury yields continues to weigh on sentiment.” Hathorn said the October jobs report, scheduled for release at 8:30 a.m. ET, is a key risk for investors, along with concerns that they may be underestimating how restrictive U.S. monetary policy needs to become. “Markets have been focused on the possibility of tighter AI regulation following the midterms, but the underlying economic picture also deserves attention,” she said. “Resilient growth, stronger industrial activity and persistent inflation suggest the Fed may have less room to remain patient than investors anticipate.” Economists expect roughly 60,000 to 65,000 new jobs, following September’s modest increase of 29,000.
CryptoAlerta — análise de criptomoedas e mercado em tempo real