
AI-generated summary
European markets are directly affected by the previous negative session on Wall Street.
Stock markets of the Old Continent are all clearly declining after yesterday's slide on Wall Street: at the opening the worst stock market is that of Frankfurt which drops by 1.7%, followed by London which drops by one and a half percentage points.
Paris was negative by 1.4%, Amsterdam by 1.3% and Madrid by one percentage point.

Strongly negative start for the Milan Stock Exchange and Asian markets, in the wake of Wall Street and fears related to the US elections. Tokyo lost almost 6% and Seoul 6% net.

The Tokyo Stock Exchange closed sharply lower with the Nikkei losing 5.96% to 57,434.77 points. Fears of a tightening of AI regulation in the United States following the Democrats' victory are weighing heavily.

Stock markets in the Asia-Pacific area recorded sharp declines, led by Seoul and Tokyo, influenced by the decline on Wall Street and fears related to the US elections and their effects on investments in AI.

The success of the Democrats in the US midterm elections puts the expansion of data centers in Texas, Georgia and Ohio at risk. Investors fear tighter regulation, impacting AI-related stocks.

Seven of the ten large programs declared of national strategic interest with the Asset decree concern data centers, for a total estimated value of 26.9 billion. Operators include Amazon Web Services, Microsoft, OpenAI, Equinix, Vantage and EdgeConneX. According to Terna, as of August 31, grid connection requests for new data centers exceeded 100 gigawatts, almost half in Lombardy.

Spot gold fell 0.97% to $4,048.3100 an ounce, while Comex gold for December delivery fell 1.36% to $4,057.60 an ounce.