Global Tech Selloff Deepens as US Midterms Trigger AI Fears
Channel: Bloomberg Television
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Read a transcript preview of “Global Tech Selloff Deepens as US Midterms Trigger AI Fears” from Bloomberg Television, uploaded on 2026-11-06.
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Language: English (original, creator captions)
[0:00] ♪ STEPHEN: LIVE FROM BRUSSELS,
[0:06] THIS IS BLOOMBERG DAYBREAK ERA. THE AI ROUTE DEEPENS.
[0:10] GLOBAL STOCK SELLOFF EXTENDS INTO ASIA AS FEARS OF NEWTEK
[0:14] REGULATION ROYAL MARKETS. FLIGHT TO SAFETY.
[0:19] HAVEN DEMAND FUELS APART MARK -- BOND MARKET RALLY AS INVESTORS
[0:22] PAIR BETS ON FUTURE FED TIGHTENING AND A HAWKISH HEIGHT.
[0:27] ANDREW BAILEY TELLS BLOOMBERG A SECOND MOVE HIGHER IS MORE
[0:31] LIKELY THAN NOT IF ENERGY COSTS REMAIN ELEVATED.
[0:33] WE WILL BRING YOU OUR CONVERSATION WITH THE BANK OF
[0:34] ENGLAND GOVERNOR. LET'S START WITH THE SITUATION
[0:37] MARKETS TODAY. HEAVY SELLING PRESSURE IN ASIA
[0:41] WITH THE MSCI ASIA PACIFIC INDEX DOWN OVER 4%.
[0:45] EUROPEAN STOCK FUTURES FIRMLY IN THE RED EVEN THOUGH WE HAVE LESS
[0:51] TECH EXPOSURE IN EUROPE. THE SITUATION ON WALL STREET.
[0:56] NASDAQ FUTURES TRADING HIGHER. POINTING TO A PAUSE ON THE
[0:58] SELLING LATER ON. WE WILL TALK THROUGH THAT DURING
[0:59] THE PROGRAM. OIL PRICES MOVING BACK UP AROUND
[1:04] $100 A BARREL. RAISING THE DROP WE HAD EARLIER
[1:08] IN THE WEEK. BLOOMBERG DOLLAR STOCK INDEX,
[1:10] WEAKER AGAINST THE DOLLAR THIS MORNING.
[1:13] THEY HAVEN TRADE MOVING INTO BONDS.
[1:17] 13 BASIS POINTS LOWER ON 10 YEAR JGB'S.
[1:20] WE WILL KEEP YOU ACROSS ALL THE MARKET MOVES THIS MORNING.
[1:23] LET'S GET YOU SET UP FOR THE DAY AHEAD.
[1:44] GLOBAL STOCK MARKET SELLOFF WORSENING IN ASIA THIS MORNING.
[1:48] A STEEP DECLINE IN AI NAMES. WINNIE HSU IS IN HONG KONG WITH
[1:51] THE LATEST AREA GOOD MORNING. WINNIE: IT'S BEEN SUCH A BRUTAL
[1:57] DAY IN ASIAN MARKETS AS WE SEE THAT A LOT -- SELLOFF IN ASIAN
[2:02] STOCKS. THIS IS IN FACT THE WORST DAY
[2:05] SINCE APRIL 2025. TECH HEA