macro

Asian stocks slump after Wall Street AI selloff, Nikkei down 5.7%

Japan's Nikkei fell 5.7% and South Korea's Kospi 7.4% after an AI stock rout on Wall Street, where the S&P 500 lost 4.4%, Moody's reports.

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what happened

Asian stock markets fell sharply on Friday after a broad sell-off of artificial intelligence-related companies on Wall Street. Tokyo's Nikkei 225 was down 5.7% by midday, South Korea's Kospi lost 7.4%, and Samsung Electronics shares dropped 7.9%. Australia's S&P/ASX 200 fell 1.0%, Hong Kong's Hang Seng slipped 0.7%, and the Shanghai Composite eased 1.3%.

On Thursday the S&P 500 fell 4.4%, its worst day since April 2025. The Nasdaq dropped 5.5% and the Dow Jones 3.4%. Nvidia lost 9.3% and AMD sank 17.3%. Brent crude, meanwhile, rose 1.4% to $99.73 a barrel, and the 10-year Treasury yield fell to 4.84%.

why it matters

Investors worry that expensive borrowing could slow construction of AI data centres, and the US midterm results raised the chance of limits on that building. Falling Treasury yields point to money moving into safer assets, while the dollar rose to 157.97 yen.

market impact

US and Asian stocks: the AI sell-off pressures indexes; Brent and Treasuries gain as safe-haven demand rises

  • Nasdaq pressure down — the AI stock sell-off and data centre concerns weigh on tech shares
  • Brent pressure up — uncertainty over the war with Iran supports oil prices
  • US 10-year Treasuries pressure up — investors move into safer assets, pushing yields lower

instruments

Nikkei 225KospiS&P 500 ↗NasdaqNvidia ↗Brent

on polymarket

sources

  1. Japan’s Nikkei plunges 5.7%, South Korea’s Kospi falls 7.4% amid AI stock rout — Moody's, 6 November 2026 at 04:37 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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