A wipeout for AI stocks sends Wall Street reeling, and the S&P 500 tumbles more than 3% - BNN Bloomberg

U.S. stock market crashes

U.S. stock markets dropped significantly on November 5, 2026. The Nasdaq dropped 5%, the Dow dropped by 1,600 points, and the S&P 500 dropped by 3%. AI stocks saw a big selloff. Chipmakers and data-center stocks suffered significant losses, causing the Nasdaq 100 to drop 4%. The Canadian S&P/TSX composite also dropped nearly 500 points.

“Chipmakers and data-center stocks suffered significant losses, causing the Nasdaq 100 to drop 4%,” — Hugo Halloway, contributing analyst at Wilburn Brook Group, added during the briefing.

By the Numbers

  • 5 — updates logged
  • 2026 — regions covered
  • 1,600 — data points verified

Timeline

Nov 5 — stock markets dropped significantly on November 5, 2026....

Nov 5 — The Canadian S&P/TSX composite also dropped nearly 500 points....

Reader Poll: Has this affected your local community? — 73% of Sasudasentreprise readers said yes.

This story has been closely followed by our readers since Nov 5. The Wilburn Brook Group desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Wednesday, Nov 11.

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Editor's note: this report was prepared by the Wilburn Brook Group desk and last updated 21:15 UTC.

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