Stock markets: Markets limit losses after Democrats' victory - Nikkei and US futures recover
The clear victory of the Democrats is fueling fears of a slower AI expansion. In Japan, investors are reacting with sales - and losses are also emerging on the US stock exchanges.
The US Democrats' stronger-than-expected performance in the midterm elections led to significant losses in Asian markets and US futures. However, as it became clear that the Democrats would control both houses of Congress, losses narrowed. The Democrats are projected to regain a majority in the House of Representatives and are likely to have a majority in the Senate.
Japan's Nikkei index fell by up to 4.7% before reducing its losses to less than 1.5%, while Korea's Kospi index dropped by 3.8% before making a full recovery and turning slightly positive.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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