Stocks in the USA suffered a sharp decline due to concerns over AI regulation. Musk also lost.

U.S. stocks fell sharply on Thursday, led by technology companies, due to concerns over stricter AI regulations following Democratic victories in congressional elections. The Dow Jones dropped 3.44%, the S&P 500 fell 4.36%, and the Nasdaq Composite plummeted 5.52%, marking the largest single-day decline in about a year and a half. Chipmakers like Nvidia and AMD saw significant losses, with Nvidia down over 9% and AMD down more than 17%. Analysts noted that investors are reacting sensitively to any doubts about AI development. Additionally, shares of SpaceX and Tesla, led by Elon Musk, also suffered declines. The euro weakened slightly against the dollar amid fluctuating oil prices and concerns about the European Central Bank's monetary policy.