US 'bluenami' election rout hits European shares on AI regulation fears

European equities fell sharply as a Democratic sweep in the US midterms raised expectations of stricter AI and data centre regulation, wiping trillions in market value. The selloff reflects investor repricing of tech sector risk under a Democrat-controlled Congress, though the exact regulatory scope remains uncertain. This marks a clear risk-off shift driven by policy expectations rather than economic data.

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