Asian stocks tumble as Democrats lead US midterm vote count

Briefing by News4U · First published 2026-11-04 04:31:03 UTC

Early US midterm vote counts showed Democrats gaining ground, with prediction market Kalshi placing their odds of taking both chambers near 99%. Seoul Kospi fell 4% and Nikkei 225 dropped 4.45% to a May 20 low, while Nasdaq 100 futures slid 2.1%. Chip and AI-related shares led the declines in Tokyo and Seoul. The dollar weakened and 10-year Treasury yields fell six basis points to 4.90%. [1] [2] [3]

Sources

1. 快讯

   Wall Street CN · 2026-11-04 03:43:49 UTC · Full text

2. 日股重挫逾4% 民主党有望横扫美国国会两院令AI股承压

   Sina Finance · 2026-11-04 03:58:27 UTC · Full text

3. 芯片股重挫 美国中期选举预测推升AI监管趋紧担忧

   Sina Finance · 2026-11-04 04:10:58 UTC · Full text

Link to this briefing · Back to news