Business & Earnings

US STOCKS-Nasdaq futures fall 1% as AI rout deepens on debt concerns

Fears of a potential hit to artificial-intelligence funding due to higher interest rates drove Nasdaq futures down more than 1 on Thursday deepening a selloff in AI-related stocks The Nasdaq and the SP 500 marked their biggest one-day drop since July on Wednesday after hotter-than-expected inflation

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Fears of a potential hit to artificial-intelligence funding due to higher interest rates drove Nasdaq futures down more than 1 on Thursday deepening a selloff in AI-related stocks The Nasdaq and the SP 500 marked their biggest one-day drop since July on Wednesday after hotter-than-expected inflation

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