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via finance.yahoo.comMarkets

Asian shares fall on tech selling as markets await US midterm election results

FROM THE WIRE · FINANCE.YAHOO.COM

HONG KONG (AP) — Asian shares fell Wednesday and U.S. futures edged lower as markets worldwide watched for the results of the U.S. midterm elections. Oil prices also declined. Share prices have wavered recently as technology and artificial-intelligence stocks have been hit by…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTech and AI selling, together with US election uncertainty, weighs on market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Asian shares fell Wednesday and US futures edged lower.
  2. 02Oil prices declined, and tech and AI stocks have faced bouts of selling.
  3. 03An Edward Jones analyst notes the S&P 500 has had a positive return six months after every midterm since 1970.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.