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Global stock selloff becomes worst rout in years as investors worry about AI buildout under new Congress

By ChordNews · First written

Stock selloff goes global in worst rout in years
Image: semafor.com
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Summary

Stock markets sold off across the world in what is described as the worst rout in years. Investors fretted about the durability of the AI buildout under a Democrat-controlled Congress, and chipmaking hubs saw steep declines.

This continues an earlier story: Midterm Election Results Lift Alcohol Stocks as Tech Shares Slide

Timeline

  1. Semafor

    Source ↗

    Semafor reports that the stock selloff has gone global in its worst rout since 2020, with investors fretting about the durability of the AI buildout under a Democrat-controlled Congress and chipmaking hubs seeing steep declines.

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