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US stock futures pointed to a broadly unchanged opening on Friday as investors assessed recent market volatility, stronger-than-expected inflation figures and the outlook for technology shares. Wall Street recovered sharply during Thursday’s session after initially extending Wednesday’s technology-led sell-off.
US stock futures traded mixed on Friday as Wall Street tried to end one of the year’s most volatile weeks for technology shares and Treasuries on firmer ground.Dow futures rose about 145 points or 0.3%, S&P 500 futures gained 0.2% and Nasdaq 100 futures plunged 0.23%.The 10-year Treasury yield held…
The AI stocks sell-off have sparked a rotation into defensive sectors such as healthcare on Thursday Read more at The Business Times.