
Wall Street burns 3,200 billion dollars on a black Thursday
AI-generated summary
The results of the midterm elections have triggered a flight from AI-related stocks. The Democrats' victory raises fears of a tightening of rules on the AI sector.
The results of the midterm elections have triggered a flight from AI-related stocks. On a black Thursday, American stock markets burned 3,200 billion dollars in value. The Dow Jones closed down 3.44%, the Nasdaq fell 5.52% while the S&P 500 fell 4.35%. This is because the victory of the Democrats raises fears of a tightening of the rules on the AI sector.
AI outlook — possibilities, not facts
Technology and AI stocks may continue to face downward pressure in the coming sessions
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The Central Bank of Paraguay has started the payment of guarantees to depositors of Ueno Bank under resolution. The first phase concerns account holders with deposits of up to 10 million guaraní, without debt and with an account at another institution. Notifications began on November 5th and accreditations within 24 hours.

The Tokyo stock market fell more than 5% at the opening, following Wall Street, amid fears that the results of the US elections could slow investment in data centers for artificial intelligence. The Nikkei plummets by 5.1% to 56,930 points; the yen strengthens to 157.50 against the dollar and 176.90 against the euro.

Wall Street collapses after the midterm elections: the Nasdaq falls by 5.52%, the Dow Jones by 3.44% and the S&P 500 by 4.35%, burning 3,200 billion dollars. European stock markets follow the negative trend, with Milan worse at -1%.

President Luiz Inácio Lula da Silva said Brazil must ensure fiscal responsibility and legal security to attract investment, including in the critical minerals sector. The statements came during the first meeting of the National Council for the Industrialization of Critical and Strategic Minerals. Finance Minister Dario Durigan explained that the proposals to contain public spending will be submitted to Lula after his return from Cop31 in Türkiye.

ECB President Christine Lagarde does not rule out rate adjustments in December, the last council she will probably chair. He announces his early exit to be able to express himself more freely. Inflation at 4% in the euro area and over 5% in Italy is driven by energy.

In September, retail sales in Italy grew by 1.6% in value but fell by 0.1% in volume compared to September 2025, with inflation above 4%. The decline concerns both food and non-food products. The National Consumers Union and Federdistribuzione comment on the weak data and ask for measures in the Budget Law to support purchasing power.