Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph
Asian and European markets follow Wall Street with sharp fall as FTSE down 1.9% Business live – latest updates European stock markets have fallen sharply as a rout in US tech stocks spread across the Atlantic, after the Democrats’ midterms victory sparked fears of a slowdown in the AI industry.
Key points
- The investor sentiment then reached London, where the market is poised for its worst day since March.
A sell-off on Wall Street on Thursday was followed by sharp falls in Asian stocks markets on Friday morning.
Investors have reacted to possible tougher scrutiny of data centre construction and the AI industry.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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