NewsSignals AI analysis·Dow Jones Newswires·Nov 4, 2026

E-Mini Nasdaq Futures Narrow Losses; Down 0.7%

Grade Bbearish AI signal$NDX

E-Mini Nasdaq futures narrowed earlier losses but remained down 0.7%, signaling continued weakness in US technology stocks. The partial recovery suggests selling pressure eased, although Nasdaq futures remained firmly negative. Persistent downside could continue weighing on technology-sector sentiment and broader growth-stock performance.

Bullish strength: 35/100

E-Mini Nasdaq futures narrowed earlier losses.

Bearish strength: 65/100

E-Mini Nasdaq futures remained down 0.7%.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

US yields fall in choppy session as oil rises and equities sink

US Treasury yields fell sharply Thursday as investors sought safe-haven bonds amid a more than 4% Nasdaq selloff, rising oil prices, and renewed concerns about heavily indebted AI companies. The 10-year Treasury yield dropped 6.7 basis points to 4.825%, while the two-year yield plunged 11.2 basis points to 4.469%; Brent crude rallied nearly 4%. Continued weakness in technology stocks and geopolitical uncertainty could sustain demand for Treasuries, while elevated oil prices and persistent inflation risks may limit expectations for Federal Reserve rate cuts.

Dollar little changed as oil prices bounce, payrolls eyed

The US dollar remained largely unchanged as oil prices rebounded more than 3%, while investors assessed stronger US labor data and the potential slowdown in AI-related spending. Initial jobless claims fell to 189,000, matching a 57-year low, while markets priced in a 66.1% chance of at least a 25-basis-point Fed rate increase in December; the Bank of England also raised rates for the first time in over three years. Stronger employment data and persistent inflation concerns could support further Fed tightening, potentially boosting the dollar while keeping pressure on interest-rate-sensitive markets.

Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'

Bitcoin fell below $76,000 as a broad AI-stock selloff spread across financial markets, dragging cryptocurrencies and crypto-related stocks lower. The Nasdaq dropped nearly 6%, crypto miners plunged 15%-20%, and more than $1 billion in crypto derivatives positions were liquidated, mostly bullish bets. Despite the sharp selloff, crypto's relative resilience compared with AI-linked stocks could support longer-term optimism, although continued weakness in AI sentiment may pressure digital assets.

Tech selloff, defence weakness weigh on European shares

European shares fell on Thursday as a sharp technology selloff and weakness in defence stocks dragged the STOXX 600 down 0.38% to 654.87 points. European technology stocks plunged 3.2% to a nearly two-month low, while Rheinmetall sank 16.1% after cutting its 2026 sales forecast for the second time in three months. Continued AI spending uncertainty, geopolitical risks and rising oil prices could intensify pressure on European equities, particularly technology and defence stocks.