Global Stocks and Dollar Slide as Democrats Win Both Chambers
Global stocks slumped and the dollar hit a one-month low after Democrats gained control of both the Senate and House in the US midterm elections. The report links the result to concerns that regulatory scrutiny could constrain AI-sector growth.
By Ankur BanerjeeGlobal stocks slumped and the dollar hit a one-month low on Wednesday as Democrats gained control of both the Senate and the House in the US midterm elections, fuelling fears that rapid AI sector growth could be hamstrung by regulatory scrutiny.In a major setback to President Donal…