Dow crashes 1,200 pts, Nasdaq 100 plunges 6%
Wall Street markets experienced deeper losses on Thursday. These declines erased the gains from the previous session. Investors shifted away from technology stocks due to fears of tighter regulations. This concern stemmed from the possibility of Democrats gaining control of Congress. Cryptocurrency markets also faced pressure during this period. Major digital assets fell in value along with equities.
Wall Street markets deepened their losses on Thursday, erasing the gains recorded in the previous session as investors moved away from technology stocks amid fears that Democrats gaining control of Congress could pave the way for tighter regulations. Cryptocurrency markets also came under pressure, with major digital assets falling alongside equities.