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UBS WARNS NASDAQ FUTURES REBOUND MAY BE MISLEADING
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UBS strategist Gerry Fowler warned that the rebound in Nasdaq futures following Thursday's AI-driven selloff may be misleading, cautioning that additional selling could lie ahead. The pushback comes as futures edged higher after the prior session's technology-led decline. Investors are watching whether systematic funds unwind further, which could test the durability of any bounce.
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UBS, Nasdaq, Gerry Fowler, Walter Bloomberg