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Wall Street futures fall on AI worries
U.S. stock futures declined slightly after a wave of selling in the technology sector sparked by fears of a slowdown in AI investment in the near term. The S&P 500 index fell by 0.2%, the Dow Jones Industrial Average dropped by 0.6%, while Nasdaq futures remained relatively flat. Technology stocks such as Nvidia, Alphabet, and AMD experienced sharp declines amid concerns over limited capital and market performance. Returns on U.S. Treasury bonds rose to around 4.97%, as investors sought safety in bonds, and oil prices increased significantly, putting additional pressure on the market. Outlooks suggest that the market may see modest gains in the short term, though concerns about funding the AI investment wave and its economic consequences continue to loom.
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