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Amid growing fears that the AI data center surge will slow after Democrats swept the midterms, the Dow has fallen over 1,800 points, the S&P 500 finished trading down 4.3% and the Nasdaq fell 5.5% – marking the biggest market meltdown in 19 months. Elizabeth Schulze reports.
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Amid growing fears that the AI data center surge will slow after Democrats swept the midterms, the Dow has fallen over 1,800 points, the S&P 500 finished trading down 4.3% and the Nasdaq fell 5.5% – marking the biggest market meltdown in 19 months. Elizabeth Schulze reports.
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#Stocks plummeted on Thursday, erasing the sharp gains from the rally seen in the wake of the U.S. midterm elections, as #investors accelerated their move away from technology stocks on fears of a data-center buildout slowdown. ⠀ Read more at the link in bio or the link on screen. #CNBC #datacenters
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