Stocks fall as Nasdaq bounce fails to ease AI doubts

France 24 · France 24 · 2026-11-06 02:23 UTC

Technology shares plunged Friday after an unnerving rout on Wall Street as fears grew that Democrats would ratchet up a backlash against AI after their wave of wins in the US midterm elections.

London (AFP) – Technology shares plunged Friday after an unnerving rout on Wall Street as fears grew that Democrats would ratchet up a backlash against AI after their wave of wins in the US midterm elections.

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Investors welcomed a partial recovery for the tech-heavy Nasdaq after its plunge on Thursday, which sent Asian and European markets tumbling, though the Dow slipped further.

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