Nasdaq Futures Fall as Global AI Selloff Intensifies
Nasdaq futures fell sharply as AI stocks sold off amid heightened fears of Chinese competition. Oil prices also fell, while safe-haven demand provided some relief for Treasury yields.
Nasdaq futures dropped sharply as the decline in artificial-intelligence stocks deepened amid increased concern about competition from China. Lower oil prices and demand for safe-haven assets offered some relief to Treasury yields. Asian AI shares plunged after Chinese chipmaker CXMT said it…