Nasdaq Futures Drop Amid Global AI Stock Selloff
Treasurys Rise as Investors Exit Riskier Assets.
Business & Markets • 2 hours ago
Nasdaq futures experienced a sharp decline as a worldwide selloff in artificial intelligence-related stocks intensified. The downturn in equities prompted a move towards safety, with Treasury prices strengthening as investors retreated from riskier assets.
The global AI selloff has impacted technology stocks significantly, contributing to the broader market sentiment.
The futures market often serves as an early indicator of trading sentiment for the upcoming session, and the continued weakness in AI-linked companies suggests ongoing pressure on the tech sector.