Payrolls in Focus as AI Rally Cools – Europe Market Wrap - FinancialJuice
• US equity futures declined, with the S&P 500 falling 0.4% and Nasdaq-100 futures dropping 1% as investors unwind positions in the AI trade. • The downturn follows a sharp selloff in semiconductor stocks on Thursday, disrupting a strong momentum in tech-driven growth. • This volatility puts the S&P 500 at risk of missing a historic milestone of 10 consecutive weeks of gains.
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