NewsSignals
NewsSignals AI analysis·Dow Jones Newswires·

E-Mini Nasdaq Futures Rise 1% Despite Continued AI Rout

Grade Bbullish AI signal$NDX
E-Mini Nasdaq futures climb 1% despite continued selling pressure across AI-related stocks. The advance highlights resilience in Nasdaq futures even as the AI rout persists. The divergence could signal improving broader tech sentiment, although continued AI weakness may limit further gains.

Bullish strength: 65/100

  • E-Mini Nasdaq futures rise 1%.

Bearish strength: 35/100

  • AI-related stocks remain under selling pressure.

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.

Palm slips on weak soyoil, heads for steepest weekly fall in nearly two years

Malaysian palm oil futures fell 1.69% on Friday to 4,303 ringgit per metric ton, heading for their steepest weekly decline since December 2024. The contract is down 6.69% this week as weaker soybean oil prices weigh on sentiment, while Dalian palm oil also dropped 2.41%. Brent crude's 1.52% rebound and a weaker Malaysian ringgit could provide some support, but continued weakness in rival vegetable oils may pressure palm prices further.

Gold-Linked Stocks Fall in Asia, Tracking Precious Metal — Market Talk

Gold-linked stocks fell across Asia as gold prices reversed, with broader equity weakness and rising oil adding pressure to the precious metals sector. Gold dropped 1.1% to $4,036/oz, while Newmont and Evolution lost about 2% each and Zijin Mining shares fell more than 5%. Continued technology-sector weakness could trigger further investor liquidations and pressure gold-related equities, although softer employment data could support gold by tempering rate-hike expectations.

Oil prices rise amid US-Iran tension concerns after midterm elections

Oil prices are rising as renewed concerns over potential US-Iran conflict threaten crude supply flows through the Strait of Hormuz. Brent and WTI gained more than 10% in October, but both remain on track for weekly losses of around 12% as diplomatic hopes continue to weigh on prices. Any escalation threatening Middle Eastern oil shipments could intensify supply fears and trigger another sharp rally in crude prices.

Oil set for sharp weekly drop but Middle East supply concerns provide floor

Oil prices are heading for a roughly 12% weekly decline as expectations of US-Iran de-escalation weigh on crude, despite renewed tanker attacks keeping Middle East supply risks elevated. Brent is set to fall 12% and WTI 12.1% for the week, while both rebounded Friday as tanker attacks intensified in the Strait of Hormuz. Continued threats to critical oil shipping routes could limit further downside and trigger sharp price swings if regional tensions escalate.