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AI Trade Selloff Pushes Nasdaq 100 Futures Below 30,000. The tech-heavy futures index fell roughly 530 points to trade near 29,475 during a sharp morning selloff. Hedge funds rapidly reduced their exposure to AI stocks, causing widespread selling across semiconductor and AI related sectors.
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Key sources
- SOURCE@marionawfal“The Nasdaq 100 E-mini contract has fallen roughly 530 points, or 1.8%, trading around 29,475”x.com
- SUPPORT@globalmktobserv“hedge funds rapidly reducing their exposure to AI stocks, triggering widespread selling across semiconductors and AI-related sectors”x.com
- SOURCEhuggingnewshuggingnews.com