Economy · New York, United States · United States of America · November 6, 2026

Global tech stocks fall on fears of AI curbs after US midterms

Reported by 7 outlets · first reported Nov 5, 4:31 PM ET

Tech shares fell sharply worldwide after Democrats won Congress. Investors fear tougher scrutiny of data centers and AI. The S&P 500 fell 4.4% on Thursday, its worst day since April 2025. Japan's Nikkei dropped almost 6% on the day shown. US tech shares recovered somewhat on Friday, and the Nasdaq rose more than 1%.

Why it matters

Falling tech shares hit retirement savings and could slow spending on AI and data centers.

Background

AI companies have driven much of the stock market's gains. Their shares were already under pressure from high interest rates and heavy spending.

The story so far

1. Oct 30Wall Street has worst day since June on AI cost fears
2. Oct 31Wall Street falls as tech sell-off deepens
3. Nov 5S&P 500 falls 4.4% as AI stocks plunge after midterms
4. Nov 6Global tech stocks fall on fears of AI curbs after US midterms
5. Nov 7Tech stocks slide as midterms raise AI regulation fears

Follow the whole story →

Sources

• The Guardian ↗Nov 6, 4:23 PM ET
• CBC News ↗Nov 5, 4:31 PM ET
• UPI ↗Nov 6, 6:14 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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