Wall Street stabilizes after tech plunge
Wall Street prepared to stabilize following a steep tech sector selloff driven by AI regulation fears. Meanwhile, US nonfarm payrolls exceeded expectations with a 165,000 job increase as global markets reacted to recent economic developments.
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Wall Street prepared to stabilise on Friday following a multi-trillion-dollar tech rout driven by regulatory fears in the United States. Futures pointed upward across major indices as investors sought relief from a brutal global sell-off. The rebound comes after artificial intelligence stocks suffered heavy losses earlier in the week.
