Asian stock markets fell sharply on the morning of 4 November as US midterm election vote counting began, with early results suggesting the Democrats could win control of the House and were leading in some Senate races. Japan's Nikkei 225 at one point dropped more than 2,200 points, or 3.6%, with chip-memory maker Kioxia Holdings falling more than 11%, while South Korea's KOSPI slipped more than 3% and Taiwan's Taiex fell nearly 1%. Investors are concerned that a Democratic-led Congress may be less supportive of data-centre construction than Republicans under President Donald Trump, after the Nasdaq rose 0.8% and the Philadelphia Semiconductor Index (SOX) gained 2.6% on Wall Street in the previous session. The US dollar also weakened against the yen, falling from above 158 yen to about 157.60 yen per dollar.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chứng khoán châu Á sụt sâu, Nhật Bản mất hơn 2.200 điểm: Một diễn biến tại Mỹ khiến thị trường đảo chiều
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midterm electionsDemocratic Partydata centersJapanNasdaq
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 685.34 |
| Change that session | +0.62% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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