Nasdaq futures rebounded as investors tentatively turned back to artificial-intelligence stocks after heavy selling last week. The market showed signs of stabilization following a sharp decline driven by concerns over elevated valuations in the tech sector. Nasdaq futures climbed in early trading, reflecting a cautious shift in sentiment as traders assessed whether the recent pullback represented a healthy correction or the start of a deeper downturn. AI-related equities, which had been hit hard in the previous sessions, led the recovery, though volume remained subdued. Analysts noted that while some investors were dipping into the dip, others remained wary of further volatility.
The broader market also saw modest gains, with S&P 500 futures and Dow Jones Industrial Average futures edging higher. Treasury yields eased slightly, and the U.S. dollar softened against major currencies. Traders are now focused on upcoming economic data and earnings reports to gauge the sustainability of the rebound.
The cautious mood underscores the delicate balance between growth expectations and inflation concerns.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing