
NewsWPLG Local 10November 6, 2026Miami-Dade County
Global shares tumble following a broad selloff of artificial intelligence related stocks on Wall Street
Photo: WPLG Local 10
Global stock markets fell sharply on Friday following a major Wall Street selloff driven by concerns over artificial intelligence regulation, debt, and high spending. Major indexes across Europe, Asia, and the United States experienced declines, with Japanese and South Korean tech stocks seeing particularly steep drops.
Read the full story at WPLG Local 10Why It Matters
Investors and individuals with exposure to international stock markets and retirement portfolios face falling equity values amid shifting tech sector valuations and looming regulatory changes.
Key Facts
- Global shares tumbled on Friday following a broad selloff of artificial intelligence-related shares on Wall Street.
- France's CAC 40 shed 1.2% in early trading to 8,107.20.
- The German DAX lost 1.4% to 25,961.60.
- Britain's FTSE 100 fell 1.5% to 10,625.40.
- Tokyo's benchmark Nikkei 225 slipped 6.0% to finish at 57,434.77, falling below 60,000 points for the first time in nearly half a year.
- South Korea's Kospi dropped 6.0% to 5,059.69, driven by drops in Samsung Electronics and SK Hynix shares.
- Hong Kong's Hang Seng fell 1.3% to 24,481.86, and the Shanghai Composite dipped 1.1% to 3,649.18.
- Australia's S&P/ASX 200 lost 0.5% to 9,020.80.
- Democrat wins in the U.S. midterm elections on Tuesday raised prospects of increased AI and data center regulation.
- Toyota Motor Corp.'s stock fell sharply following reports of lackluster profits.
- Thursday marked Wall Street's worst day since U.S. President Donald Trump's Liberation Day tariffs in April 2025.
- Benchmark U.S. crude rose 0.2% to $90.69 per barrel, while Brent crude fell 0.1% to $98.28 per barrel.
- The U.S. dollar rose to 158.26 Japanese yen, and the euro fell to $1.1172.
Who's Mentioned
locationFrance“Country where the CAC 40 index shed 1.2%.”OrganizationToyota Motor Corp.“Japanese automaker whose stock fell after reporting lackluster profits.”OrganizationWall Street“US financial market experiencing a broad selloff.”PersonYuri Kageyama“Author of the news article.”locationShanghai“Location where the Shanghai Composite dipped 1.1%.”OrganizationAdvantest Corp.“Japanese technology company experiencing stock losses.”OrganizationSK Hynix“South Korean company whose shares plunged.”locationAustralia“Country where the S&P/ASX 200 lost 0.5%.”locationHong Kong“Location where the Hang Seng fell 1.3%.”locationSouth Korea“Country where the Kospi dropped 6.0%.”OrganizationSwissquote“Financial firm employing analyst Ipek Ozkardeskaya.”OrganizationSamsung Electronics“South Korean company whose shares plunged.”locationU.S.“Country whose midterm elections and stock futures were referenced.”locationBritain“Country where the FTSE 100 fell 1.5%.”PersonIpek Ozkardeskaya“Senior analyst at Swissquote providing commentary on the market selloff.”PersonDonald Trump“U.S. President associated with April 2025 Liberation Day tariffs.”locationGermany“Country where the DAX lost 1.4%.”locationTokyo“Location of the AP bureau and site of the Nikkei 225 trading drop.”OrganizationSoftBank Group Corp.“Japanese technology company experiencing stock losses.”
