US equities experienced a significant downturn on Thursday, nullifying the advance previously observed subsequent to the US midterm elections. Technology equities were notably impacted by concerns regarding a potential deceleration in the expansion of data centers. Key US stock indexes registered declines. The S&P 500 declined 4.36 percent, whereas the Nasdaq Composite registered a 5.52 percent decrease. The Philadelphia Semiconductor Index decreased 12.2% overnight and the Nasdaq has now decreased 12% from its record high close a month ago. The Dow Jones Industrial Average decreased 1,833.06 points, equating to a 3.44% reduction, and concluded at 51,523.06, representing its one month low.