Global stocks tumble as Democrats’ midterm win sparks AI sell-off

Briefing by News4U · First published 2026-11-06 07:51:30 UTC

US stocks lost $3.2tn after Democrats’ midterm gains raised fears of tighter AI regulation; the Nasdaq fell 5.5% and the S&P 500 dropped 4.36%. Asia-Pacific markets followed, with Japan’s Nikkei down almost 6%, South Korea’s KOSPI 6.7% and Taiwan’s TAIEX 4.5%. Donald Trump blamed Democrats for the crash. Analysts cited policy uncertainty and slowing AI spending. [1] [2]

Sources

1. Global stocks tumble as AI panic grips markets after Democrats’ midterm success – business live

   The Guardian Business · 2026-11-06 07:05:53 UTC · Excerpt

2. Asia stocks tumble after AI rout rocks US markets

   RTÉ Business · 2026-11-06 07:08:51 UTC · Full text

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