Why Did Global Markets Plunge After the US Midterm Elections?

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Global markets suffered a sharp sell-off on November 5 as investors reassessed the outlook for artificial intelligence (AI) investment, semiconductor demand and data-center expansion.  The S&P 500 fell 4.4%, the Nasdaq Composite dropped 5.5%, and the Dow Jones lost more than 1,800 points. The decline also spread to Asia, where South Korea’s KOSPI plunged more …