Nasdaq 100 extends decline to 5.1%, S&P 500 falls 2.8%, both set for largest single-day drops in five months.

BlockBeats news, November 5th, according to BIT stock platform data, the Nasdaq 100 index extended its decline to 5.1%, the S&P 500 index fell 2.8%, the S&P 500 and Nasdaq indices dropped to their lowest levels since late July, and both major indices are set to record their largest single-day declines in five months.