Nasdaq 100 Futures Rebound 0.6% After $1.3 Trillion Tech Rout
Updated
Updated · Bloomberg · Jun 24
Nasdaq 100 Futures Rebound 0.6% After $1.3 Trillion Tech Rout
3 articles · Updated · Bloomberg · Jun 24
Summary
Nasdaq 100 contracts rose 0.6% by 2:37 a.m. in New York, signaling a rebound in US tech shares after Tuesday’s sharp selloff.
Nearly $1.3 trillion was wiped from Nasdaq 100 market value over two days as investors grew uneasy about artificial-intelligence valuations.
The bounce follows a 3.3% slump in the previous session, while S&P 500 futures edged 0.2% higher, suggesting a broader but milder recovery in US equities.