Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph
Executive Intelligence Dispatch
Asian and European markets follow Wall Street with sharp fall as FTSE is down 1.9%Business live – latest updatesEuropean stock markets have fallen sharply as a rout in US tech stocks spread across the Atlantic, after the Democrats’ midterms.
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- —Asian and European markets follow Wall Street with sharp fall as FTSE is down 1.9%Business live – latest updatesEuropean 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.A sell-off on Wall Street on Thursday was followed by sharp falls in Asian stocks markets on Friday.
- —The investor sentiment then reached London, where the market was, at one stage, poised for its worst day since March.
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Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph
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