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Europe set to open lower as Democratic sweep fuels AI regulation fears

European shares were likely to open lower on Wednesday, with tech stocks in focus after Democrats won control of both chambers of the US Congress, fuelling concerns that tighter AI regulation could dampen investment in a sector that has driven much of the recent rally. Futures tracking the STOXX 600 were down about 0.2% by 0639 GMT, having recouped some losses following a 1.4% slide during Asian…

First reported by Business Recorder 1 source
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    Europe set to open lower as Democratic sweep fuels AI regulation fears (opens Business Recorder in a new tab)

    European shares were likely to open lower on Wednesday, with tech stocks in focus after Democrats won control of both chambers of the US Congress, fuelling concerns that tighter AI regulation could dampen investment in a sector that has driven much of the…