Nasdaq futures dropped sharply as a global rout in stocks linked to AI accelerated, while Treasurys strengthened as investors bid a hasty retreat from risk. The selloff in AI-related equities gained momentum across markets, prompting a shift toward safer assets. Investors exited riskier positions amid growing concerns over valuations and macroeconomic headwinds.
The move underscored heightened volatility in technology sectors tied to artificial intelligence innovation.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing