S&P 500 Will Fall as AI Chip Rout Deepens

The S&P 500 will finish lower on November 6, extending the shock that pushed the index down 4.36% to 7,353.73 on November 5. That plunge erased much of the post-midterm gains that sent the market to a 7,688.62 close on November 4. Continued weakness in AI chip and data center stocks like Nvidia, Ad…