Nasdaq-100 futures rose 0.4% Sunday night while the Dow Jones gained 110 points and the S&P 500 added 0.2%, as traders cautiously rebounded following last week’s sharp selloff. The Nasdaq tumbled 4.5% last week, snapping a four-week winning streak, and the S&P 500 lost nearly 2%, its biggest weekly decline since late June. Concerns centered on CoreWeave, whose stock plummeted 25% in one week and whose credit default swaps reached distress levels. Goldman Sachs noted that AI credit spreads and hyperscaler spreads are at their widest levels of the year, with traders questioning what happens as AI capital expenditure growth slows.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
