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The stock markets in the USA are collapsing. The article gives a foretaste of the fact that a lesser influence of the US president does not automatically lead to an improvement.
The stock markets in the USA are collapsing. And give a little foretaste: Just because the US President will have less influence in the future, everything will not automatically be fine.

The Dax is in the red premarket after the leading German index reached a record high on Thursday and then closed 0.4 percent lower. Investors are waiting for the US labor market report and further economic data. Prices on the US stock exchanges collapsed massively on Thursday, with the Nasdaq falling by 5.5 percent. The Asian markets also followed suit on Friday with significant losses.

After the Democrats won the US midterm elections, tech stocks in the US fell significantly. The Nasdaq lost 5.5 percent, the Dow Jones 3.4 percent and the S&P 500 4.4 percent. Nvidia lost a good nine percent and lost all of its annual profits. In addition to the Trump weaning, the reasons include disappointing outlooks from Qualcomm and Arm as well as credit-financed bets.

The selloff in chip stocks on Wall Street continues on stock exchanges in Japan and South Korea. The Nikkei 225 index temporarily fell by 6.7 percent, the South Korean Kospi by more than eight percent. US President Donald Trump blames the Democrats for the price slide.

Anthropic's planned IPO in November is in jeopardy, according to Reuters. Investors are pushing for a lower valuation than the $1.5 trillion recently discussed, while next week's promotional spree remains uncertain. The background is the strong sell-off in technology stocks, uncertainties after the US congressional elections and a lack of sales figures for October.

A VDMA survey of 330 mechanical engineering companies shows that 23 percent are planning to enter the defense business and 92 percent of the companies already active want to expand their deliveries. But a lack of planning, regulatory hurdles and a lack of customer contacts are slowing down the arms boom in the civilian industry.

After the restructuring and takeover by the Vienna Insurance Group (VIG), Nürnberger Versicherung wants to realign the business under CEO Harald Rosenberger, rely more on cooperation and compensate minority shareholders through a squeeze-out. The Fürst Fugger Privatbank will remain in the group and will play a more important role.