Nasdaq Eyes Monthly Drop as AI Concerns Drag Tech Stocks
U.S. stock futures fell as AI concerns and high inflation weighed on sentiment. The Nasdaq is on track for its steepest monthly decline since March 2025.
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Major stock indices in the United States were positioned for a lower opening on Friday as intensifying concerns regarding artificial intelligence valuations weighed heavily on the technology sector. The Nasdaq Composite is currently on track to record its most significant monthly decline since March 2025, driven by investor skepticism over the immediate returns on substantial AI capital expenditures.
