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Nasdaq Futures and Nvidia Sink on AI Slowdown Calls Ahead of Fed; Oil Jumps

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equity futures declined pre-bell, led by a 1.6% drop in Nasdaq futures following calls to slow AI advancements.
  • Semiconductor shares tumbled, with Nvidia falling 2.5% ahead of the Federal Reserve policy decision.
  • Conversely, crude oil surged over 4% and Exxon Mobil advanced on boosted LNG forecasts.
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