Nasdaq Futures Fall as AI Selloff Deepens
Nasdaq futures declined as rate hike fears and AI funding concerns deepened the selloff in tech stocks. Major chipmakers and cloud operators slid further in premarket trading amid macroeconomic uncertainty.
Xurve View
Insights:
Xurve View
Nasdaq futures fell 1.1% in morning trading Thursday as debt concerns and higher interest rates deepened a selloff across artificial-intelligence stocks. The drop follows the biggest one-day market decline since July in the United States, triggered by hotter inflation data. Investors are reassessing high-growth tech valuations as borrowing costs climb and funding conditions tighten.
