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

U.S. stocks suffer major decline

U.S. stock markets fell sharply on November 5, 2026. The Nasdaq decreased by 5%, the Dow dropped by 1,600 points, and the S&P 500 fell by 3%. AI stocks were heavily sold off. Chipmakers and data-center stocks were heavily impacted, causing the Nasdaq 100 to decrease by 4%. The Canadian S&P/TSX composite fell by nearly 500 points.

“The Canadian S&P/TSX composite fell by nearly 500 points,” — Ingrid Thorne, senior market analyst at Wilstone Stow Services, added during the briefing.

By the Numbers

  • 5 — regions covered
  • 2026 — data points verified
  • 1,600 — sources cross-checked

Timeline

Nov 3 — stock markets fell sharply on November 5, 2026....

Nov 6 — The Canadian S&P/TSX composite fell by nearly 500 points....

Reader Poll: Will this story shape the week ahead? — 57% of Ductcleaningservices-nwvrtx-bc7-asl-ca-2 readers said yes.

This story has been closely followed by our readers since Nov 4. The Wilstone Stow Services desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Wednesday, Nov 11.

ICYMI: England, France, and Portugal

Editor's note: this report was prepared by the Wilstone Stow Services desk and last updated 00:42 UTC.

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