● IndustryNov 6, 2026 · 07:398 sources
Japan's Nikkei Sinks 6.2% as AI Selloff Triggers Entry Into Bear Market
From marketbrief.now
AI;DR
Japan's Nikkei average fell 6.2% on Nov. 6 to enter bear-market territory, erasing a fifth of its value since June and wiping an estimated $550B from chip markets in Japan, Taiwan, and South Korea. The decline followed U.S. midterm election results that investors fear will lead to tighter AI industry oversight, with semiconductor stocks like Tokyo Electron dropping 13% and SK Hynix falling 10%. Prime Minister Takaichi said it remains unclear whether the selloff is a temporary correction or a lasting trend.
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- SUPPORT@sino_market“Nasdaq futures extended gains to about 1% after earlier losses of more than 1%. Micron Technology (MU.O) rose 5.5% in after-hours trading, SanDisk (SNDK.O) gained 6%, AMD (AMD.O) added 5% and NVIDIA (NVDA.O) was up 2.4%.”x.com
- SUPPORT@ljkawa“Levered ETF rebalancing today should create $52bn of US equity for sale if prices at November 5th, 1pm, hold through the close on MS QDS estimates – that’s second only to the $55bn sold on June 5th, 2026.”x.com