Stock Market Loses $2.5 Trillion as Trump Blames Democrats. What You Need to Know – November 6
From ABC News.
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James Longman reports on a massive Wall Street selloff, with $2.5 trillion wiped out as A.I. stocks plunge and global markets tumble. President Trump blames Democrats, whose growing majority in Congress could expand further as Senate races in Mississippi and Alaska remain too close to call. Plus, Defense Secretary Pete Hegseth fights impeachment efforts, a North Carolina man sues OpenAI alleging ChatGPT helped his estranged wife plan to poison him, devastating flooding in Georgia and Tennessee, Russell Brand's conviction and more headlines you need to know today.
00:25: STOCK MARKET SELLOFF: Much of the selloff is tied to concerns over AI. Voters are rejecting data centers, and Nvidia lost $400 billion in market value in a single day.
00:56: LATEST HOUSE/SENATE: Democrats' majority continues to grow, while two Senate races remain too close to call.
01:26: MAYORAL RACE: Los Angeles Mayor Karen Bass conceded to Nithya Raman.
01:42: HEGSETH/RUBIO: Marco Rubio insists he is serving out the president's term. Pete Hegseth fired back in a video alongside the president, who said he has "every intention of keeping him."
02:33: TRUMP OVAL OFFICE: The president signed a proclamation declaring the Oval Office a national monument.
03:12: ARCH BATTLE: A judge has put the president's proposed 350-foot arch project on hold.
03:38: FLOODING IN THE SOUTH: Parts of Georgia and Tennessee received up to 12 feet of rainfall.
04:02: RUSSELL BRAND: The actor and comedian was convicted in London on one count of rape and three counts of sexual assault.
04:19: POPE IN SOUTH AMERICA: Pope Leo's 12-day trip begins today, just three weeks after lung surgery.
04:33: CHATGPT POISON PLOT: A man is suing OpenAI, alleging his wife used ChatGPT to learn how to poison someone and avoid detection.
05:07: DOLLY LAWSUIT DROPPED: The late singer's estate has dropped its lawsuit against Dolly Parton's nephew, Steve Seaver.
05:28: LSU NEW RECORD: LSU defeated Texas Southern 131-22, marking the largest margin of victory in NCAA Division I women's basketball history.
05:54: ROBIN AND GEORGE STARS: GMA's Robin Roberts and George Stephanopoulos were honored with stars on the Hollywood Walk of Fame.
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Watch more episodes of What You Need to Know streaming on @disneyplus: https://www.disneyplus.com/browse/entity-c99a2244-2ec4-449a-9dde-8b09a408f923
00:25: STOCK MARKET SELLOFF: Much of the selloff is tied to concerns over AI. Voters are rejecting data centers, and Nvidia lost $400 billion in market value in a single day.
00:56: LATEST HOUSE/SENATE: Democrats' majority continues to grow, while two Senate races remain too close to call.
01:26: MAYORAL RACE: Los Angeles Mayor Karen Bass conceded to Nithya Raman.
01:42: HEGSETH/RUBIO: Marco Rubio insists he is serving out the president's term. Pete Hegseth fired back in a video alongside the president, who said he has "every intention of keeping him."
02:33: TRUMP OVAL OFFICE: The president signed a proclamation declaring the Oval Office a national monument.
03:12: ARCH BATTLE: A judge has put the president's proposed 350-foot arch project on hold.
03:38: FLOODING IN THE SOUTH: Parts of Georgia and Tennessee received up to 12 feet of rainfall.
04:02: RUSSELL BRAND: The actor and comedian was convicted in London on one count of rape and three counts of sexual assault.
04:19: POPE IN SOUTH AMERICA: Pope Leo's 12-day trip begins today, just three weeks after lung surgery.
04:33: CHATGPT POISON PLOT: A man is suing OpenAI, alleging his wife used ChatGPT to learn how to poison someone and avoid detection.
05:07: DOLLY LAWSUIT DROPPED: The late singer's estate has dropped its lawsuit against Dolly Parton's nephew, Steve Seaver.
05:28: LSU NEW RECORD: LSU defeated Texas Southern 131-22, marking the largest margin of victory in NCAA Division I women's basketball history.
05:54: ROBIN AND GEORGE STARS: GMA's Robin Roberts and George Stephanopoulos were honored with stars on the Hollywood Walk of Fame.
--
Watch more episodes of What You Need to Know streaming on @disneyplus: https://www.disneyplus.com/browse/entity-c99a2244-2ec4-449a-9dde-8b09a408f923
