Nasdaq 100 Index contracts rise 0.3% after AI investment skepticism selloff
Updated
Updated · Bloomberg · Apr 29
Nasdaq 100 Index contracts rise 0.3% after AI investment skepticism selloff
8 articles · Updated · Bloomberg · Apr 29
Futures for the Nasdaq 100 Index increased 0.3% as sentiment steadied following a previous Wall Street downturn linked to doubts about large-scale AI investments.
Traders remained cautious ahead of the Federal Reserve’s upcoming policy decision and major technology company earnings reports, contributing to market volatility.
Asian equities dipped slightly, while Hong Kong shares rose over 1%, and crude oil prices fluctuated as global markets reacted to shifting investor sentiment.
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