US stocks mixed after nearly $3 trillion AI-led selloff
Business
After a nearly $3 trillion selloff fueled by AI worries, the US stock market is showing mixed signals.
Dow futures are down 475 points, but S&P 500 and Nasdaq futures are bouncing back, thanks mostly to a surge in tech shares.
NVIDIA Micron AMD rally, investors cautious
Semiconductor giants like NVIDIA, Micron, and AMD are seeing strong premarket gains (up to nearly 8%) as tech stocks try to recover from recent losses over AI investment fears.
Still, most investors aren't getting too excited just yet; they're waiting for key economic updates like the September jobs report to see what's next for the market and interest rates.