Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

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Guardian Business

Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

Share index slumps 5% amid signs AI industry will face tougher regulation after Democrats’ midterm elections success The tech-heavy US Nasdaq share index is on track for its worst day in 18 months after slumping by up to 5% on Thursday amid growing signs that the artificial intelligence industry will face tougher regulation after this week’s midterm elections. As Wall Street sustained widespread losses, the Nasdaq co…