Global marketsUpdated November 6

Semafor calls the global selloff the worst rout since 2020

Semafor says Asian and European shares followed US stocks lower in a rout it described as the worst since 2020. In its account, investors were worried about whether the AI buildout can last, amid a Democrat-controlled Congress. The retreat from AI-linked trades is now part of a selloff crossing markets, with the durability of the buildout among the concerns Semafor says investors were weighing.

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Coverage started November 6