On 7 November 2025, major tech‑heavy indices suffered their steepest weekly losses in seven months as investor concerns over stretched AI valuations mounted. The Nasdaq Composite fell 1.9% overnight and is down 2.8% for the week, while Japan’s Nikkei 225 and South Korea’s KOSPI registered weekly declines of 4.7% and 3.3% respectively. Safe‑haven assets such as Japanese yen and Swiss franc strengthened, and U.S. 10‑year Treasury yields dropped to 4.09% as job‑cut data raised rate‑cut expectations.