Taiex Sees Sharp Intraday Plunge Following US Midterms - Nov. 6, 2026

Taiwan’s benchmark index plunged nearly 9% during intraday trading Friday before closing down 4.5% at just under 40,000 points. US stocks tumbled following the midterm elections as voters backed restrictions on data center expansion, raising investor concerns over a potential slowdown in AI development. And new data shows inflation in Taiwan remained above the central bank's 2% target for a sixth consecutive month in October. Plus: - TaiwanPlus speaks with national security expert Matthew Kroenig of the Atlantic Council about how the US midterm elections could affect US foreign policy, particularly toward Taiwan. - Taiwan's economy ministry says it hopes labor disputes between US chipmaker Micron and local unions can be resolved following reports that the company has suspended construction of a planned facility in Taoyuan. - Taiwan’s Indigenous LGBTQ+ communities share their struggles to reconcile traditional gender norms with their queer identities.