Nasdaq futures rise as chip stocks stabilize
Nasdaq futures climbed on Friday as chip stocks gained ground following a steep tech-led rout driven by regulatory concerns. Investors now look ahead to the October jobs report for clues on future interest rates.
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Nasdaq futures climbed during Friday morning trading as chip stocks rebounded from a steep tech-led rout. The previous day's selloff wiped nearly $3 trillion off the market value for S&P 500 companies amid concerns over potential regulatory tightening.
