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 Doha skyline in Qatar
Business & FinanceQatar surges 4.6% as Gulf markets slide on fears of renewed US–Iran conflict
Gulf stock markets fell on Sunday as investors braced for possible renewed conflict between the United States and Iran after Tuesday’s US midterm elections, but Qatar’s benchmark bucked the trend with its sharpest intraday percentage gain in more than eight years.
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.