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AI-related stocks were hammered after the midterm elections, CNBC reported on November 6, 2026. The selloff hit a trade already under pressure from high interest rates, heavy capital spending and doubts about future returns. CNBC described the data center buildout as becoming a 'war of attrition' for companies and investors. The report did not include specific share price moves or index levels.

1 outlet · 1 article · first seen Nov 6, 7:10 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 162.38, down 8.00%, on 2026-11-05. Listed for: Technology sector ETF.

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