US markets tumble amid Wall Street concern over job losses and AI

The GuardianThursday, November 6, 2025 at 9:18:14 PM
US markets tumble amid Wall Street concern over job losses and AI

US markets tumble amid Wall Street concern over job losses and AI

US markets faced a significant downturn as fears of job losses and hiring freezes raised concerns about the slowing economy. The S&P 500 dropped by 1.1% and the Nasdaq fell by 1.9%, reflecting investor anxiety over the potential impact on businesses, particularly those heavily invested in artificial intelligence. This situation is crucial as it highlights the fragility of the current economic climate and the potential ripple effects on various sectors.
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