US Stock Market Falls on AI-Led Chip Selloff
After a nearly $3 trillion sell-off on Wall Street on Thursday, led by AI-related shares, US stock futures were mixed on Friday. Chip shares such as Nvidia, Micron and AMD were trying to rebound. Dow futures were down 475 points while Nasdaq futures rose 1.33 percent.
Context
Context: Big US tech firms have driven much of the stock market's recent gains, so a fall in AI-linked shares can hit index funds and retirement savings, including those of Indians investing abroad. Futures give early signals before regular trading begins.
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