Asian markets slide after Trump's midterm defeat

blick.ch (German) —

Asian stock markets fell sharply after Donald Trump's midterm election defeat, with investors fearing stricter tech regulations and political gridlock. Japan's Nikkei 225 dropped 4.4 percent. South Korea's Kospi lost 3.4 percent, while Nasdaq 100 futures declined 2.2 percent. Democrats' gains raised concerns about tighter rules for American technology companies, particularly in artificial intelligence, and potential obstruction of Trump's economic policies. The US dollar weakened as investors sought safe-haven Treasury bonds. Migros Bank's Santosh Brivio warned of no relief for Switzerland, citing a stronger franc and persistent tariff risks, including possible new trade barriers from Trump.


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