Global stock markets decline due to concerns over artificial intelligence spending and chip stocks.
Global tech stocks experienced a sharp sell-off on Friday following a Democratic victory in the US midterms. The S&P 500 index fell 4.35 percent, erasing all previous gains, while the Nasdaq fell 5.52 percent. Additionally, the Nikkei 225 index plummeted 6 percent.
- The S&P 500 index fell 4.35 percent, erasing all gains from the previous day.
- The Nikkei 225 index plummeted 6 percent.
- The Philadelphia Semiconductor index showed a decline of about 16 percent by Thursday's close during the week.
- Tech stocks experienced a sharp sell-off on global markets following the Democratic victory in US midterms.
Outlets: 20 Minutes, Business Recorder, Deutsche Welle, Euronews (FR), La Nación (Argentina), Le Monde.fr - Actualités et Infos en France et dans le monde, Mediapart, Radio-Canada Info, The Business Standard (BD)
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