Tech Selloff Spreads Globally
Nasdaq futures slide as AI spending concerns and South Korean tech weakness trigger a broad-based equity rout across US and Asian markets.
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- MARKETNasdaq surges 2% as tech buying returns after recent sell-off
Investors treat intraday dips as entry points, fueling a broad-based rally across the tech-heavy benchmark and signaling a stabilization in the AI trade.
- MARKETUS tech stocks stabilize as AI trade finds footing after Nasdaq slide
Wall Street's technology sector opened higher Monday, signaling a pause in the recent selling pressure that weighed on growth names and suggesting the artificial intelligence rally is consolidating.
- MARKETNasdaq extends slide to fourth day as Mag 7 losses offset Micron surge
Broad tech selling persisted despite a strong earnings beat from Micron, with Microsoft and Apple weighing on the index.
- DATANasdaq turns negative after early bounce; Micron surges on earnings
Tech-heavy index faces renewed selling pressure despite a brief morning rally, while memory chip maker Micron leads gains following a strong quarterly report.
- MARKETNasdaq drops 2.2% as AI spending concerns trigger tech selloff
Investors are questioning the scale of artificial intelligence capex, sending the Nasdaq Composite sharply lower and extending losses across the broader US equity market.
- MARKETNasdaq futures slide as South Korean tech selloff spreads to U.S. markets
Selling pressure from Seoul is weighing on U.S. tech shares ahead of the open, with the Nasdaq Composite set for a sharp decline.
- MARKETNasdaq futures slide 2% as tech selloff deepens
SpaceX leads the decline in a broad-based equity rout that has spread from Wall Street to Asian markets.