Nikkei drops over 4% as Democrats retake U.S. House, AI fears rise
Briefing by News4U · First published
The Nikkei Stock Average fell 2,807.40 points, or 4.45%, to 60,274.46 at 12:52 p.m. Wednesday after media projections showed Democrats retaking the U.S. House; the Topix index dropped 3.25% to 3,802.72, with AI and semiconductor shares sold on fears of stricter regulation. [1] [2]
Sources
- Nikkei extends losses, down over 4%, after U.S. Democrats win House
Kyodo News Business · · Full text
- Global stocks and dollar slide as Democratic wins stoke AI fears
FT Markets · · Summary only