US stock futures trade mixed as Nasdaq contracts rebound on gains in Nvidia, AMD and other chip stocks following Thursday's $3 trillion tech selloff. Investors assess AI regulation concerns, oil prices and October jobs data, while Airbnb rallies on an improved revenue outlook.
Stock Market Live Updates: Nasdaq futures rebound as Nvidia, chip stocks recover after AI selloff
In short
U.S. stock futures traded mixed as Nasdaq contracts bounced back from a brutal $3 trillion rout that hit the technology sector on Thursday. The recovery was led by advances in major semiconductor firms like Nvidia and AMD as investor sentiment began to recover. Market participants are concurrently balancing artificial intelligence regulation concerns against shifts in oil prices and the latest October employment figures. Outside the technology industry, Airbnb shares advanced after the firm delivered an improved revenue outlook.
Key points
- U.S. stock futures showed mixed performance despite a rebound in Nasdaq contracts.: U.S. stock futures showed mixed performance despite a rebound in Nasdaq contracts.
- Investors are weighing artificial intelligence regulation concerns alongside changing oil…: Investors are weighing artificial intelligence regulation concerns alongside changing oil prices.
- Market participants continue to evaluate fresh economic data, including the recent Octobe…: Market participants continue to evaluate fresh economic data, including the recent October jobs figures.