Global marketsUpdated November 6

European stocks fall as US tech selloff spreads.

Wall Street’s tech sell-off hit Asian markets on Friday morning, then the unease reached Europe. The Nasdaq had lost 5.5% on Thursday, its worst day in 19 months. In London, the FTSE 100 was down 1.9%, while the market was poised for its worst day since March; European shares fell broadly. Investors feared the Democrats’ midterm win could bring tighter rules for AI and data centers, slowing the industry. A strategist also pointed to worries about whether heavy spending in the sector would deliver the returns investors expect. The retreat had moved from US tech stocks to markets across the world.

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Coverage started November 6