Nasdaq 100 futures rise after 6% weekly drop in the index
In short
The Nasdaq 100 fell more than 6% on Thursday as worries grew about an AI slowdown after Democrats won the House and the Senate. Now Nasdaq 100 futures are rising.
What the reporting says
The Nasdaq 100 lost over 6% on Thursday, according to a CoinDesk summary, as worries about an AI slowdown grew after Democrats won the House and the Senate. The report says Nasdaq 100 futures are rallying, pointing to a possible respite for the stock market. The move follows a sharp decline in the tech-heavy index.
Why it matters
The story says the tech-heavy Nasdaq 100 dropped more than 6% on Thursday amid concerns about an AI slowdown after Democratic wins in the House and Senate. It then notes a rally in Nasdaq 100 futures, suggesting a possible market respite. The event is relevant to technology stocks, broader US equities and AI-linked sentiment.