Economy · Impact 3 Serious

Global stocks slide as US tech rout spreads to Asia and Europe

6 Nov 2026, 08:58 UTC · London, United Kingdom · confirmed by 2 outlets

Location: London, United Kingdom · United Kingdom live map
Coordinates: 51.51°N 0.13°W
Reported: 6 Nov 2026, 08:58 UTC
Category: Economy
Impact: 3 of 5 · Serious
Situation: US economy

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Global stocks slide as US tech sell-off spreads to Asia and Europe

A Wall Street sell-off in tech shares on Thursday was followed by sharp falls in Asian markets and a 1.5% drop in the FTSE 100 at Friday's open. Investors cite fears of a slowdown in the AI industry and tighter regulation after the Democrats' midterm win. Shares in SpaceX fell sharply on Thursday, and tech stocks in Seoul and Tokyo dropped on Friday.

The FTSE 100 fell 1.5% at Friday's open after losses in Asia.
Investors fear tougher AI rules, with many winning Democratic candidates pledging to curb data centre development.
Earlier in the week, the dollar fell to a one-month low and investors moved from AI stocks into government bonds.
US stocks opened higher on Wednesday after Democrats took Congress and Trump accepted the results.

Updated 6 Nov 2026, 09:19 UTC · Written by Claude from the reports on this page and on the map. Check the linked sources for full details.

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