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India’s BSE Sensex gained ground to close about 2.2% firmer at 81,028 on Friday, its highest level since early March and extending its winning streak to seven sessions. Foreign investor inflows and lower oil prices amid hopes of a potential resolution to the Middle East conflict have been supporting market sentiment. Investors bought around 15,000 crore rupees ($1.6 billion) of Indian equities on Thursday, their biggest single-day net purchase in nearly six years, amid global rotation away from AI stocks and expectations of relief on the long-term capital gains tax front. Gains were widepread across sectors, particularly financials, banks, autos and consumer goods. M&M led gains, climbing 6.2%, after the automaker’s second-quarter fiscal year 2027 earnings came in well above expectations. ICICI Bank (4.7%), HDFC Bank (3.6%), Titan (3.4%), Axis Bank (3.2%) and Tata Steel (2.2%) also adanced solidly. The index recorded a weekly gain of 8.8%, its strongest performance in six years.

GB100 decreased to 10545.00 Index Points, the lowest since October 2026. Over the past 4 weeks, United Kingdom Stock Market Index (GB100) gained 0.85%, and in the last 12 months, it increased 8.93%.

Frankfurt's DAX 40 fell more than 1% to below 26,000 on Friday, extending previous session's losses, as global market sentiment remained under pressure. Fears of tighter US AI regulation following the Democrats’ decisive election victory initially rattled technology stocks, but selling pressure quickly broadened to other sectors. On the data front, German industrial production rose 0.7% month-on-month in September, beating expectations for no change but slowing from a downwardly revised 1% increase in August. Pharma & healthcare, insurers, consumer goods and chemical companies were the hardest hit, while tech rebounded. Among single stocks, Deutsche Post, Rheinmetall and Bayer posted the biggest declines, each falling around 3.6%. Daimler Truck slipped 3.4%, despite a 73% jump in Q3 adjusted operating profit and reaffirmed full-year guidance, as nine-month results remained below year-ago levels. On the upside, Infineon Technologies and AI-related Siemens Energy stood out, each up 1%.

Milan’s FTSE MIB fell over 1% to 49,900 on Friday, extending losses as a global equity selloff fueled by concerns over tighter AI regulation in the US weighed on risk sentiment. The decline was broad-based, with financial and insurance stocks among the biggest laggards. Banco BPM plunged 2.7%, while Generali and Unipol shed 2.3% and 2.5%, respectively. Saipem also dropped 3.1%, followed by Nexi, down 2.7%. Banking heavyweights Intesa Sanpaolo and UniCredit lost 1.4% and 0.9%, while Monte dei Paschi di Siena slipped 0.6% despite reporting third-quarter net profit of €543 million, beating analyst expectations. Meanwhile, investors continued to monitor Intesa's proposed €34 billion takeover of MPS, with reports that Italy's antitrust authority had broadly accepted the proposed measures to address competition concerns. On the upside, Buzzi gained 1.1%, while Technoprobe edged up 0.2%. Despite Friday's losses, the benchmark remained on track for a weekly gain.

The CAC 40 fell 1.2% to 8,108 on Friday, reversing gains from the previous session, as a technology-led sell-off on Wall Street spilled over into Asian and European markets. Market sentiment turned subdued amid growing concerns over tighter regulation of the AI industry and a potential slowdown in data center expansion following a sweeping Democratic victory in the US midterm elections. Domestically, France’s trade deficit widened to €7.3 billion in September 2026 from a revised €6.0 billion in August, above expectations of a €5.8 billion shortfall. The gap was the second-largest since October 2024, as imports rose 4.0% month-on-month to €62.7 billion, outpacing a 2.0% increase in exports to €55.3 billion. On the corporate front, Teleperformance plunged 17.8% after cutting its 2026 sales growth outlook amid weakness in its trust and safety business. The majority of stocks also traded lower, including L’Oréal (-1.5%), LVMH (-1.8%), Safran (-2.0%), and Publicis (-2.4%).

The STOXX 50 lost 1.4% and the STOXX 600 declined 1.3% on Friday, as the tech sell-off and broader equity rout that began in the US during the previous session spread across Asian markets and into Europe. Fears that the US could tighten regulations on the AI industry, following the Democrats’ decisive election victory, weighed heavily on technology stocks and the AI trade before spreading to other sectors, leaving markets broadly in negative territory. Bayer (-2.8%), BASF (-2.1%), AXA (-1.9%), Allianz (-1.8%), Inditex (-1.7%) were among the notable decliners. The technology sector, however, proved relatively resilient, suffering the smallest losses. ASML Holding even edged up 0.1%, while Infineon slipped just 0.1%. For the week, the STOXX 50 gained 1.9%, while the STOXX 600 advanced 1.3%.

The FTSE 100 fell 1.5% on Friday, hitting a four-week low as the global equity selloff intensified following sharp losses in US and Asian markets, driven by deteriorating sentiment towards AI-related investments. Mining stocks led the declines, with Antofagasta and Glencore losing nearly 3%, while Rio Tinto dropped more than 2%. Oil majors Shell and BP also fell around 2% each. Among other heavyweight stocks, AstraZeneca declined 2.5%, British American Tobacco shed more than 2%, and Unilever and Rolls-Royce lost over 1%. On a more positive note, Rightmove upgraded its 2026 guidance for underlying earnings per share growth. Meanwhile, Lloyds’ latest house-price data showed UK property prices fell 0.6% month-on-month in October and 1.2% year-on-year, marking the steepest annual decline in three years. The FTSE 100 is now down around 1% for the week.

The Nikkei 225 Index plunged 5.96% to close at 57,435 on Friday, sinking to its lowest levels since April and pushing weekly losses beyond 9%. This represented its worst weekly performance since the Covid-driven market selloff in March 2020. Technology stocks spearheaded the decline after a sweeping Democratic victory in the US midterm elections sparked concerns about stricter AI industry regulations and a potential slowdown in data center expansion. Japanese AI-related stocks recorded significant weekly losses due to their substantial exposure to the global AI infrastructure buildout, with Kioxia Holdings falling 36.8%, Advantest dropping 19.6%, Taiyo Yuden declining 22%, Tokyo Electron losing 13.2%, and SoftBank Group sliding 20.8%. Meanwhile, data revealed that nominal wages in Japan rose at their fastest pace in nearly three decades, strengthening expectations of another Bank of Japan interest rate hike in December.

The TAIEX, Taiwan’s benchmark stock index, plunged 1,873 points, or 4.5%, to 39,702 on Friday, touching its lowest level since April 30 and tracking declines on Wall Street overnight due to a plunge in AI-related stocks amid worries about the implications of the Democrats' sweeping victory on Tuesday. Almost all subsectors traded in the red, led by electronic technology and producer manufacturing. The broader index extended losses for a seventh consecutive session, with TSMC, the world’s largest contract chipmaker and accounting for more than 40% of the market’s total value, slumping 4.7%. Other heavyweight tech stocks also fell, including MediaTek (-2.0%), Hon Hai Precision (-4.5%), and Delta Electronics (-6.6%). Rising oil prices also pressured sentiment as inflation and interest-rate-hike concerns grew amid renewed risks of a US-Iran conflict. For the week, the index plunged 12.2%, marking its fourth straight weekly loss amid a tech selloff.

European equity markets were set to open sharply lower on Friday as a widening global stock market selloff intensified, driven by concerns over tighter regulation of the artificial intelligence industry and a possible slowdown in data center expansion following a decisive Democratic victory in the US midterm elections. The tech-heavy Nasdaq Composite has already entered correction territory, with losses spreading across all sectors on Wall Street. AI-related stocks in South Korea and Japan also suffered steep declines as investor concerns rippled across global markets. In Europe, investors will focus on the latest UK house price index, French trade figures and Eurozone retail sales data for further economic signals. On the corporate front, earnings reports are due from ENGIE, Daimler Truck, International Airlines Group, Amadeus IT and Mediobanca, among others. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were both down approximately 1%.

The ASX 200 fell 44 points, or 0.5%, to close at 9,021 on Friday, reversing the prior session’s rally as Dow futures dropped sharply following Thursday’s Wall Street sell-off. Concerns over surging AI spending and whether data center expansion justifies current valuations weighed on sentiment. Tech, logistics, and mining led losses, while financials and transport strengthened. Heavyweights BHP Group (-2.3%) and Rio Tinto (-2.0%) dipped as copper prices slid to their lowest since July, amid worries over potential shifts in U.S. policy following Democratic gains in the midterm elections. Still, early losses narrowed as some investors rotated into defensive stocks. Goodman Group fell 3.2% on fears that U.S. restrictions could curb data center construction. Macquarie Group (-3.7%) and Reece (-3.1%) also lost. In contrast, the four big banks rose 0.6%–2.7%, while Woolworths added 1.8%. For the week, the ASX 200 extended previous gains, up by 1.3%, on a surging trade surplus in September.

The NZX 50 fell 92 points, or 0.7%, to close at 13,999 on Friday, retreating from a record high touched a day earlier, tracking a fall on Wall Street overnight amid a plunge in AI-related chipmaker stocks, as traders assessed the implications of the Democrats' sweeping victory on Tuesday. The broader index fell after marking its best single-day trading session in nearly 19 months on Thursday. Rising oil prices also pressured sentiment as inflation and interest-rate-hike concerns grew amid renewed risks of a US-Iran conflict. Caution was also built ahead of the release of US jobs data later today, Chinese CPI, PPI, and trade data, as well as US inflation data next week and Saturday's general election. Almost all sectors traded in the red, led by consumer staples, with the worst performers including Sanford (-3.6%), F&C Investment (-2.8%), Infratil (-1.9%), A2 Milk (-1.7%), and Mainfreight (-1.1%). For the week, the index rose 1.5%, marking its second straight weekly gain.

India’s BSE Sensex rose about 0.7% to 79,853 on Friday, extending its winning streak to seven sessions and hitting its highest level since early March, supported by strong foreign investor inflows and easing crude oil prices. Foreign investors bought around 15,000 crore rupees ($1.6 billion) of Indian equities on Thursday, their biggest single-day net purchase in nearly six years, taking inflows to about $4 billion over the past 10 sessions. Brent crude slipped below $100 a barrel, easing concerns over inflation and India’s import bill, while hopes that the Democrats’ sweep of the US midterm elections could accelerate an end to the US-Iran conflict further lifted sentiment. However, global tech weakness and AI valuation concerns remain risks, while SEBI’s proposed tax relief for foreign investors could boost overseas inflows. Notable gainers included ICICI Bank (1.4%), HDFC Bank (1.1%), M&M (4.3%), and Infosys (1.6%). For the week, the benchmark is on track to advance 7.1%.

The Straits Times Index (STI) shed 118 points, or 2.2%, to 5,179 on Friday around noon, after rising in the previous session, tracking a fall on Wall Street overnight due to plunges in AI-related stocks amid worries that Democrats could introduce stricter regulations on the AI industry. The broader index touched its lowest level since July 1, mainly weighed down by losses in the electronic technology, communication, technology services, and financials sectors. However, Q3 earnings reports from banking heavyweight OCBC failed to lift the financial sector, which fell 0.9%, despite the bank posting net profit above estimates. Among the biggest laggards were Yangzijiang Shipbuilding (-6.0%), Singapore Technologies Engineering (-5.4%), Keppel (-4.8%), UOB (-2.9%), DBS (-2.3%), and OCBC (-0.5%). For the week, the index is heading for a 3.7% drop, which would mark its second straight weekly loss.