Nasdaq looks to rebound after AI-driven correction erased $2.5 trillion in market value

Fox News · James Cirrone, Brittany Miller · 2026-11-06 11:42 UTC

Investors sold off tech stocks Thursday amid concerns that a Democratic House and Senate could pursue to tighter AI regulation next year. Nasdaq futures up more than 1% Friday, markets may be stabilizing.

Investors sold off tech stocks Thursday amid concerns that a Democratic House and Senate could pursue to tighter AI regulation next year. Nasdaq futures up more than 1% Friday, markets may be stabilizing.

President Donald Trump, perhaps in a bid to restore investor confidence, said Friday morning that he is "100% in favor of Super Intelligence (SI)" after Thursday’s steep selloff in tech and AI stocks.

He also said he will work with states that "want to become rich" by building out artificial intelligence infrastructure.

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