European shares join a global sell-off as AI spending fears rattle Wall Street and Asian markets

AI Summary

European shares fell after steep losses in Asian and U.S. markets, as investors reassessed the scale and returns of AI investments. The sell-off was also linked to concerns about possible U.S. policy curbs following the Democrats’ midterm victory.

European shares have fallen after sharp losses in Asia and on Wall Street. Doubts over huge AI investments and fears of curbs following the Democrats' US midterm victory have rattled global markets.