Live updates: Nasdaq 100 futures rally points to stock market respite
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Nasdaq 100 futures rallied Friday, pointing to a respite for the tech-heavy index after it fell more than 6% on Thursday. The selloff was driven by worries of an AI slowdown following Democratic wins in the House and Senate. The drop erased over 6% from the index, though the article did not specify a point level or market-cap figure. The move matters because it signals investor anxiety over AI-linked valuations and the policy outlook after the midterm results. What to watch next is whether the futures gains hold into the cash open and whether AI-related names stabilize.
Muhabbit's AI wrote this summary in its own words from CoinDesk's report. It can get details wrong, so check the source.
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Nasdaq 100, Democratic Party