Global stocks tumble as AI panic grips markets after Democrats’ midterm success – business live

Rolling coverage of the latest economic and financial news, as Asia-Pacific markets slide after Wall Street rout Donald Trump isn’t really correct to say that the stock market “suffered one of the worst days in history”. Yesterday’s 3.44% tumble on the Dow Jones industrial average (DJIA) certainly doesn’t compare with Black Monday (October 19 1987), when the Dow crashed by 22.6%.