As Indian markets witness a bloodbath, nearly $1 trillion was wiped from Wall Street in a single trading day. Nasdaq slumped 2% as investors dumped IT and auto stocks, citing AI fears. Meanwhile, S&P 500 and Dow sank over 1% after the US jobs data was released. Apple dropped 5%, Exxon Mobil sank 3.6%, while Tesla, and Meta fell 2%.