European stocks fall in global AI-led sell-off after US midterms shift Congress
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European shares fell Friday in a global AI-led rout: the pan-European STOXX 600 dropped 1.6% in early trade and wiped its weekly gain, with most big European markets down more than 1%. Tokyo’s Nikkei 225 fell 5.5% early; Seoul’s Kospi slid as much as 8.8%, triggering a 20‑minute circuit break; Taiwan’s TAIEX lost over 8%. Samsung Electronics, SK Hynix and TSMC led Asian tech declines. Traders linked the moves to doubts about massive AI spending and fear of tighter US curbs after Democrats won both chambers of Congress.
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