Asian and European shares fall as AI spending fears hit global markets after US midterms

Summary

Asian technology stocks fell after the US midterm elections as concerns mounted that Democratic control of Congress will slow the build-out of data centres, the Financial Times reported. Deutsche Welle reported that European shares followed a global sell-off, falling after sharp losses in Asia and on Wall Street, as doubts over huge AI investments and fears of curbs following the Democrats' US midterm victory rattled markets.

Timeline

1. Financial Times

   5 Nov 2026, 05:12 UTCSource ↗

   The Financial Times reports that Asian tech stocks slid after the US midterm elections, as concerns mounted that Democratic control of Congress will slow the build-out of data centres.

2. Deutsche Welle

   6 Nov 2026, 02:41 UTCSource ↗

   Deutsche Welle reports that European shares fell after sharp losses in Asia and on Wall Street, with doubts over huge AI investments and fears of curbs following the Democrats' US midterm victory rattling global markets.