
After the Democrats' victory in the midterms, AI and chip stocks collapsed drastically, pushing global stock markets into the red. What's behind it and what it means for your MSCI World ETF.
AI-generated summary
After the US midterms and the Democratic victory, there were drastic drops in AI and chip stocks on Wall Street.
Minus $3.2 trillion stock market quake on Wall Street – is this the AI crash?
After the Democrats' victory in the midterms, AI and chip stocks collapsed drastically, pushing global stock markets into the red. What's behind it and what it means for your MSCI World ETF.
By Udo Trichtl
November 6, 2026, 11:07 a.m

The new Terminal 3 at Frankfurt Airport has recorded 4.4 million passengers since April. Despite the low utilization, the operating company Fraport is very satisfied and reports a reduction in the burden on the entire airport operation.

German industrial production rose surprisingly by 0.7 percent in September. The main reason for this was a strong increase of 17.1 percent in the automotive industry after previously weak summer months.

A new reform package from the federal government will change the net salary of citizens in Germany in 2027. While families and middle income earners benefit to some extent, top earners and higher earners often have to pay more.

The DAX companies expect net profits of almost 122 billion euros this year, while at the same time corporate bankruptcies are increasing and thousands of jobs are being cut every month in the industrial sector.

The DAX fell by around 1.5 percent in early trading, driven by massive price losses on Wall Street. The triggers are concerns about stricter AI regulation after the Democrats' election victory and fears of recession.

A historic fall in prices on the US stock exchanges in the AI and semiconductor sectors after the US congressional elections temporarily pushed the Dax below 26,000 points. Asian markets also reacted nervously to the changed political environment.