EconomyEisenkot wins 67 backers as Israel awaits government decision; oil slides on Iran talks

The global AI selloff deepens, weighing on Asian technology shares and pushing Treasuries sharply higher. The Nasdaq 100 enters bear-market territory after losing about $2.3 trillion in value; the Nikkei also falls into a bear market, and the S&P 500 records its steepest decline since April 2025. Jefferies Chief Economist Mohit Kumar says a Democratic sweep should not derail AI investment and sees opportunities to increase emerging-market exposure. Oil is on track for its biggest weekly…