Photo: The New York Stock Exchange building (file image)
Business & FinanceWall Street rallies after Democratic midterm sweep as Dow jumps more than 1,300 points
US stocks surged on November 4 as investors welcomed the end of midterm uncertainty, with the Dow rising about 2.5 per cent, even as data-centre and AI-linked shares came under pressure over tighter regulation fears.
Photo: The Korea Exchange building
Business & FinanceAsian stocks slide on Tuesday as chip sell-off deepens and Kospi drops more than 3%, while oil steadies after Monday’s plunge
South Korea's Kospi led Asia lower on Tuesday, falling more than 3% as a three-day rout in US chipmakers reached 12% and the Nasdaq 100 entered a technical correction, even as Indian markets pointed higher. Figures checked on Tuesday morning, 3 November 2026 (Pakistan time).
Photo: The New York Stock Exchange on Wall Street
Business & FinanceWall Street ends mixed as chip sell-off deepens and oil plunges more than 7% on Iran diplomacy hopes
The Dow rose 0.41% to 51,983.98 while the Nasdaq fell 1.07% to 25,164.32, as a technology sell-off erased early gains and Brent crude dropped $8.66 to $104.77 a barrel.
Photo: The New York Stock Exchange building
Business & FinanceUS stocks rebound on Monday as oil slides sharply on Iran diplomacy hopes, recovering part of Friday's tech sell-off
US stocks rose on Monday, with the Dow up about 490 to 547 points intraday and the S&P 500 and Nasdaq also higher, as Brent crude fell about 6 per cent on hopes of progress in talks over Iran.
Photo: The Nasdaq MarketSite screen in Times Square, New York
Business & FinanceNasdaq closes worst month since March 2025 as AI spending fears trigger sharp sell-off
The Nasdaq closed its worst month since March 2025 after a bruising final session in October, as investors questioned whether the huge sums being poured into artificial intelligence infrastructure will pay off quickly enough.
Photo: The New York Stock Exchange building in New York
Business & FinanceWall Street sell-off deepens as AI spending fears wipe billions off tech shares on Friday
The Nasdaq fell more than 3.8% and the S&P 500 dropped 2.5% on Friday in their worst day since June, as investors punished big technology companies over the returns on their enormous artificial intelligence spending.
Photo: Servers inside a data centre
Business & FinanceAmazon and Intel slide as AI spending fears shake tech shares and drag Nasdaq futures lower
Amazon fell 7.2% and Intel fell 25% in premarket trading on Friday after results that exposed the soaring cash cost of the AI buildout, sending Nasdaq 100 futures down 2.16%.