Tech Meltdown, Fed Fog: Wall Street Sours as Global Markets Grab the Lead — What It Means for Your Money Today
Key facts (updated Nov. 5, 2025): What just happened on Wall Street U.S. stocks stumbled Tuesday, with the S&P 500 down 1.2% and the Nasdaq off 2%, as the same AI and megacap names that led 2025’s rally sank, including a sharp pullback in Nvidia and Palantir. The Russell 2000 fell 1.8%, underscoring broader risk‑off sentiment beyond Big Tech. The Washington Post The risk-off mood didn’t stay home. By Wednesday in Asia, the selloff deepened: Japan’s Nikkei plunged up to 4.7% and Korea’s KOSPI fell as much as 6.2% before trimming losses. The yen and Swiss franc caught safe‑haven bids