Nasdaq Set for Lower Open as Chip and Data Center Stocks Fall
Losses in chip and data center-related stocks weighed on Nasdaq futures, while broader markets were steady after the prior session’s rally following Democrats’ midterm election victory.
By Shashwat Chauhan and Utkarsh HathiThe Nasdaq was set for a lower open on Thursday as losses in chip and data center-related stocks weighed, while broader markets were steady after a rally in the last session on the back of Democrats' sweeping midterm election victory.Qualcomm NASDAQ:QCOM drop…