Global stocks slump and dollar softens after Democrats’ midterm win
Democrats scored a decisive US midterm election win, prompting fears that a blue sweep could disrupt data-centre investment and hurt technology spending.
By Ankur BanerjeeGlobal stocks slumped, and the dollar softened on Wednesday as Democrats scored a decisive win in the US midterm elections, fuelling fears the blue sweep could disrupt the data-centre buildout that has powered the AI trade and hurt tech spending.In a major setback to President Dona…