AI stocks crashed on fears a Democratic Congress will slow the data-center buildout: the S&P 500 fell 4.36% and the Nasdaq 100 fell 6.36%, the worst day since April 2025. Micron (-17.46%) and AMD (-17.26%) led the Philadelphia Semiconductor index’s 12.25% plunge. The VIX jumped 69% to 28.15; the 2-year yield fell 11.7 bps. Fed hawks held their tightening line even as Polymarket odds of another 2026 hike fell to 64%. Brent rose 4.65% on fresh Hormuz tanker attacks.
Tag Archives | AI Data Center Moratorium Act
