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

Sell-off on Wall Street followed by sharp fall in Asian and European markets, with 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 sentiment then reached London, with the FTSE 100 index, which