NewsSignals AI analysis·Reuters·
Wall Street set to stabilise after multi-trillion dollar tech plunge
Wall Street futures point to a potential rebound after $2.5 trillion was wiped off the Nasdaq and another $3 trillion off S&P 500 companies amid escalating fears over AI regulation and infrastructure spending.
Nasdaq futures climbed 1.5%, Nvidia rose 4.5% in premarket trading, and major chipmakers gained 4.5% to 8%, while Asian markets suffered historic losses.
The rebound could provide temporary relief, but uncertainty surrounding AI regulation, data center spending and investor confidence may continue driving volatility across global markets.
Bullish strength: 58/100
- Nasdaq futures gained 1.5%, signaling a potential Wall Street rebound.
- Nvidia rose 4.5% in premarket trading.
- Major chipmakers AMD, Intel, Broadcom and Micron gained between 4.5% and 8%.
- The VIX eased, suggesting some moderation in market fear.
- US nonfarm payrolls increased by a stronger-than-expected 165,000.
Bearish strength: 42/100
- $2.5 trillion was wiped off the Nasdaq in Thursday's 5.5% decline.
- Another $3 trillion was erased from S&P 500 companies.
- AI regulation concerns and data center infrastructure costs are undermining investor confidence.
- Japan's Nikkei and South Korea's KOSPI both fell approximately 6%.
- Taiwan's benchmark suffered its largest weekly decline since 1991, falling 12.2%.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.