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Asian stocks fall as Democrats gain in US midterms

Asian stocks and the dollar fell as investors weighed Democratic gains in the 2026 U.S. midterm elections. Technology shares led losses amid concerns that tighter AI regulation and political gridlock could slow the infrastructure build-out central to economic growth. Japan's Nikkei 225 fell as much as 4.8%, while chip and AI-related shares dropped more than 13%; oil prices also declined.

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