https://www.live-feeds.com/feed/us-tech-stocks-enter-correction-on-ai-and-midterm-election-risksContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-tech-stocks-enter-correction-on-ai-and-midterm-election-riskshttps://www.live-feeds.com/feed/us-tech-stocks-enter-correction-on-ai-and-midterm-election-risks#u178898Thu, 05 Nov 2026 22:16:04 +0000The tech-heavy Nasdaq has entered a market correction as investors react to midterm election results and concerns over AI spending. Democratic gains have sparked fears that the buildout of data centers will slow, while BofA economists warn that a sustained AI correction poses a major risk to the global economy. The S&P 500 is heading for its worst day since April 2025. While rising oil prices initially fueled the selloff, recent drops in oil costs have begun to ease the downward pressure on US stock futures.Why it mattersA correction typically occurs when a stock index drops 10% or more fr