US stock exchanges: Markets fear Democrats' victory - Nikkei plummets, US futures fall
The blue wave of Democrats is fueling fears of a slower AI expansion. In Japan, investors are reacting with sales - and also on the US stock exchanges, significant losses are becoming apparent.
The US midterm elections have led to significant losses in Asian markets, with Japan's Nikkei index falling up to 4.5% and Korea's Kospi index dropping 3.2%. The Democratic Party's expected win in the US midterm elections has raised concerns among investors that the expansion of AI data centers may be slowed. US futures are also showing significant losses, with the Nasdaq 100 down over 2% and the S&P 500 down 1.2%.
The yield on 10-year US bonds has fallen to 4.901% as investors seek safer assets. Tech stocks, particularly those related to AI and semiconductors, are under pressure, with Microsoft, Meta, and Oracle all seeing significant losses.
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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