Global Stocks Tumble as AI Panic Grips Markets Following U.S. Midterm Elections

Global stock markets experienced a significant sell-off, particularly in technology and AI-related shares, following the U.S. midterm elections. The Nasdaq tech index slumped by 5.5%, the Dow Jones Industrial Average dropped 3.44%, and the S&P 500 lost 4.36%. This rout, which wiped over $3.2 trillion off the U.S. stock market, was driven by investor fears that Democratic victories could lead to increased regulation and a slowdown in AI investment. Asian markets also saw sharp declines, with Japan's Nikkei falling nearly 6% and South Korea's KOSPI down 6.7%.