Nasdaq futures rise after steep AI selloff as chip stocks stabilize

Investing.com · 2026-11-06 09:41 UTC

Nasdaq futures rise after steep AI selloff as chip stocks stabilize

By Shashwat Chauhan and Utkarsh Hathi

Nov 6 (Reuters) - Nasdaq futures climbed on Friday as chip stocks gained ground after a tech-led rout wiped nearly $3 trillion off the market value for S&P 500 companies on fears that Democratic control of the US Congress could lead to tougher AI regulation.

The Nasdaq Composite logged its steepest one-day decline in 19 months on Thursday, confirming it had entered correction territory. The index was also headed for a fourth straight weekly fall.

Read the full story at Investing.com · All coverage of this story