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Wall Street AI Selloff Hits Financial Giants Amid Global Developments

2/11/2026

48 9 Full Breakdown

Summary

Story summary

Wall Street's AI-related stock selloff drives declines for Charles Schwab and LPL Financial.
Keir Starmer, Leader of the Labour Party, has secured support from cabinet ministers, but challengers remain.
Israeli Prime Minister Benjamin Netanyahu is set to meet with U.S. President Donald Trump to discuss Iran.
Morgan Stanley Capital International's (MSCI) inclusion of 21 new Chinese companies signals stronger inflows into Chinese equities.

History

Historical Context

The Stock Market Crash of 1929 marked the onset of the Great Depression, with the Dow Jones Industrial Average plummeting from 381 to 198 in just two months. By 1933, over 9,000 banks had failed, leading to widespread economic hardship. Today's volatility in AI-related stocks echoes this historical instability, prompting discussions on regulatory reforms to safeguard investors and stabilize markets.

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Story summary

Wall Street's AI-related stock selloff drives declines for Charles Schwab and LPL Financial.
Keir Starmer, Leader of the Labour Party, has secured support from cabinet ministers, but challengers remain.
Israeli Prime Minister Benjamin Netanyahu is set to meet with U.S. President Donald Trump to discuss Iran.
Morgan Stanley Capital International's (MSCI) inclusion of 21 new Chinese companies signals stronger inflows into Chinese equities.

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