Nasdaq Composite plunges 1,422 points, marking largest single-day drop on record
NVDA NVIDIA Corp
$173.73 +2.87%
View chart & analysis → 
- 1On November 5, the Nasdaq Composite fell 1,422 points, breaking the previous single-session record drop of 1,122 points set on June 5, 2026.
- 2Investors are demanding higher compensation for credit risk due to approximately $500 billion in new debt issued by technology companies this year.
- 3Goldman Sachs provided a 2027 debt issuance forecast of $420 billion for hyperscalers.
So what's the key point?
The Nasdaq index fell 1,422 points in a single day, the largest drop ever recorded. As technology companies borrow more money, investors are asking for higher returns.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.