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Investors fled to the safety of bonds on Friday as stocks extended their slide in both Europe and Asia after worries around the AI boom wiped trillions of dollars off the major U.S. indexes. Europe’s FTSEurofirst and STOXX 600 benchmarks both fell more than one per cent early on as traders continued to fret that the Democrats’ victory in this week’s US midterm elections will lead to tougher rules around AI data centres. Wall Street saw a modest bounce early Friday, especially for the Nasdaq later after its trillion-dollar plunge on Thursday, although that did not comfort Asia overnight. Japan’s…
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