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Premarket: Nasdaq futures rise after steep AI selloff as chip stocks stabilize
Source: The Globe and Mail
Artificial IntelligenceElections & Domestic PoliticsRegulation & LegislationMarket Technicals & Flows
Nasdaq futures climbed Friday as chip stocks advanced following a technology-led market rout that erased nearly $3 trillion from the market value of S&P 500 companies. The selloff was driven by fears that Democratic control of Congress could result in tougher AI regulation.
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