Lates News

The decline in US stock index futures and semiconductor stock sell-off pressure has intensified, prompting investors to seek investment opportunities in other areas of the market. Nasdaq 100 index futures fell by over 2% and S&P 500 index futures fell by over 1%. Nvidia (NVDA.O) led the "seven giants" in pre-market trading, and the Philadelphia Semiconductor Index is close to entering a bear market and is expected to continue its decline on Thursday. However, despite the S&P 500 index closing down by 0.5% on Thursday, with 369 stocks rising and 132 falling among its components, the overall breadth of the market remains healthy. Barclays strategist Venu Krishna stated, "The enthusiasm for AI capital spending is beginning to wane, but the semiconductor sector still outperforms the overall market in terms of stock performance, while software stocks continue to lag behind. This indicates that the recent market rotation is gradual rather than decisive."