WSJ: Market Sell-Off Intensifies, Tech Stocks, Cryptocurrency, and Gold All Plunge

BlockBeats News, November 18th, according to WSJ, the S&P 500 and Nasdaq broke below their 50-day moving averages for the first time in 138 trading days, and the Dow Jones Industrial Average saw its worst three-day decline since April.

On Monday, the sell-off in the financial markets intensified, affecting everything from gold to cryptocurrency to high-flying tech stocks, dragging the Dow Jones Industrial Average into its worst three-day performance since the tariff turmoil in April under Trump. Recently, investors have been selling off assets in preparation for an upcoming key test: whether the artificial intelligence frenzy and the economic growth that has been driving the stock market to record highs in 2025 can continue into the new year.