Why Did Global Markets Plunge After the US Midterm Elections?
Photo: Coinpedia
The S&P 500 fell 4.4%, Nasdaq dropped 5.5%, and Dow Jones lost more than 1,800 points on November 5. AI infrastructure concerns and uncertainty over data-center regulations intensified selling in semiconductor and technology stocks. South Korea's KOSPI plunged more than 8%, triggering a temporary trading halt as the sell-off spread across Asian markets. Global markets suffered a sharp sell-off on November 5 as investors reassessed the outlook for artificial intelligence (AI) investment, semiconductor demand and data-center expansion. The S&P 500 fell 4.4%, the Nasdaq Composite dropped 5.5%, and the Dow Jones lost more than 1,800 points.
Source: Coinpedia
