Nasdaq Futures Slide as Global AI Selloff Accelerates
Nasdaq futures dropped sharply as a global selloff in AI-linked stocks accelerated. U.S. Treasurys rallied despite hotter-than-expected inflation.
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By Marc Jones and Gregor Stuart HunterA sharp selloff in tech stocks sent a chill through global equity markets and pulled down the dollar on Thursday, as crowded bets on data centres and other key AI plays faced a reckoning from high and rising interest rates.European trading had brought respite o…
By Joe StonorNasdaq futures dropped sharply as a global rout in stocks linked to artificial intelligence accelerated, while hotter-than-expected inflation didn't stop a rally in U.S. Treasurys.Renewed expectations for tighter Federal Reserve policy following Wednesday's hot inflation print added to…