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Global stock markets lost about $3.5 trillion in market capitalization in a single day after the U.S. midterm elections, as a Democratic sweep fueled fears of tighter AI regulation and triggered a selloff in semiconductor stocks. The Dong-A Ilbo reports the drop, citing Nikkei analysis of Quick and FactSet data, brought world market cap to $154 trillion as of Nov. 5. The Chosun Ilbo and Kyunghyang Shinmun similarly report the $3.5 trillion (roughly 4,700–4,800 trillion won) evaporation, with selling spreading from U.S. tech stocks to Asian semiconductor markets in Korea, Japan, and Taiwan. Korean financial policymakers, led by Finance Minister Lee Hyo-seong, vowed to monitor U.S. AI and trade policy changes, while the presidential office said the election results won't affect the alliance.