Sharp declines were recorded on the Tel Aviv Stock Exchange after the 'Blue Wave' in the U.S. midterm elections. The TA-35 index plunged 3.69%, extending the 1.96% decline recorded yesterday. Sharp declines were also recorded on Wall Street, with investors abandoning artificial intelligence and chip stocks. The Nasdaq index plummeted 3.7%, the S&P 500 index fell 2.1% and the Dow Jones lost 1.1%. The fear index surged 23% to 20.5 points. The declines were recorded against the backdrop of investor concerns that the Democratic sweep would lead to stricter regulation on the establishment of data centers for artificial intelligence infrastructure.