Markets were shaken by the Democratic Party's landslide victory in the US midterm elections. Japanese and US stock markets reacted as concerns spread that investment in AI and data centers would be constrained, clouding the growth outlook for technology companies.
The opposition Democratic Party's landslide victory in the US midterm elections is roiling the market. Concerns are spreading that investment in artificial intelligence (AI) and data centers will be constrained, clouding the growth outlook for technology companies.
In the United States, the Nasdaq Composite plunged 5.5% on 5 November to a six-month low. This is believed to have affected markets in Asia as well.
In Tokyo trading on the 6th, the Nikkei Average fell more than ¥4,300 at one point, dropping below ¥60,000 for the first time in six months. The deterioration in market sentiment was a focus.
Attention is focused on the extent to which future disruptions could affect markets driven by AI and data centers and the operations of technology companies.