Key facts
- US equity-index futures declined.
- Asian stocks fell as enthusiasm for the AI trade cooled.
US equity futures, Asian stocks fall as AI trade cools
IN SHORT
US equity-index futures and Asian stocks declined as enthusiasm for the artificial-intelligence trade cooled after driving markets to record highs. Nasdaq 100 futures dropped 1%, and South Korea's Kospi slid 5.3%.
Key Numbers
1%Nasdaq 100 futures decline
1.6%MSCI's Asian equities gauge decline
5.3%Kospi index decline
8.9%SK Hynix Inc. tumble
Who's Involved
Nasdaq 100 Index
futures dropping as investors rotate out of tech stocks
MSCI
Asian equities gauge falling
Kospi
South Korean index sliding significantly
SK Hynix Inc.
chipmaker tumbling
Anna Edwards
Host of The Opening Trade
Guy Johnson
Host of The Opening Trade
Tom Mackenzie
Host of The Opening Trade
