Global financial markets experienced renewed tension following a sharp sell-off in technology stocks, which extended losses across Asian exchanges and pushed European indices into negative territory.
The downward pressure stems from investor concerns that recent U.S. midterm election outcomes could lead to stricter regulations and reduced investments in artificial intelligence, as well as potential hurdles for new data center projects. In Asia, markets closed significantly lower, with Tokyo's Nikkei index dropping nearly 6% to hit its lowest level since April. In Europe, Milan's Piazza Affari opened lower alongside regional peers, with the FTSE Mib retreating during the session.
