S&P 500 falls 6% from October record as AI sell-off hits tech hard; Nasdaq down 11%, US chip stocks crash 36% matching Covid-era losses

The AI Sell-Off Compared to Well-Known Stock Market Crashes: S&P 500 vs 1987, 2008 and Covid | Company Atlas

6 Nov 2026The S&P 500 is 6% below its record, a small fall next to past crashes: since 1928, only 16 of 56 drops that reached 6% went past 15%. Tech took more of the hit. The Nasdaq is 11% down and US chip stocks 36%, as deep as their Covid fall. How long a recovery takes varies just as much: after dot-com, the S&P 500 was back at its record in 7 years, chip stocks in 18.The S&P 500 at the close on 6 Nov 2026Below record−6%From its record closeThursday 5 Nov−4.4%Worst day since 4 Apr 2025Trading...