Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph

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Guardian World

Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph

Asian and European markets follow Wall Street with sharp fall as FTSE down 1.5% 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. A sell-off on Wall Street on Thursday was followed by sharp falls in Asian stocks markets on Friday morning. The investor …