Dow futures plunge 320 points: 5 things to know before Wall Street opens

Nasdaq futures pointed to a sharp premarket selloff as investors grew concerned that the AI trade may struggle to absorb higher borrowing costs and debt-funded spending. The setup signals broader risk-off sentiment in growth stocks, with the pressure tied to rising rates, credit conditions, and positioning rather than a single company-specific event.

Analysis

Nasdaq futures pointed to a sharp premarket selloff as investors grew concerned that the AI trade may struggle to absorb higher borrowing costs and debt-funded spending. The setup signals broader risk-off sentiment in growth stocks, with the pressure tied to rising rates, credit conditions, and positioning rather than a single company-specific event.