A man scratches his head as he looks at a display board at the Taiwan stock exchange office in Taipei
Asian markets fell sharply on Friday morning. Photograph: Ritchie B Tongo/EPA
Asian markets fell sharply on Friday morning. Photograph: Ritchie B Tongo/EPA
Global stocks plunge amid AI slowdown fears after Democrats’ midterm triumph

Asian and European markets follow Wall Street with sharp fall as FTSE down 1.5%

European stock markets have fallen sharply as a rout in US tech stocks spread across the Atlantic, after the Democrats’ midterms victory sparked fears of a slowdown in the AI industry.