Brief by Shorts91 Newsdesk / 08:18am on 06 Nov 2026,Friday International
Global stock markets suffered a sharp downturn on November 5, as growing concerns over artificial intelligence investments triggered a major sell-off across technology shares. Wall Street lost approximately $3.2 trillion in market value, with the Nasdaq falling 5.5%, the S&P 500 declining 4.36% and the Dow Jones dropping 3.44%. Investors fear Democratic victories in the US midterm elections could bring stricter regulations, delaying data-centre projects and slowing AI expansion. Major technology companies, including Nvidia, AMD and Micron, recorded significant losses. Asian markets also weakened, while investors awaited US employment data for further economic signals. (PC: EPA)
