S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$82,012▼0.0% Nikkei70,036▼0.9%
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Home›Forex›Major Pairs›Equities: AI trade unwind weighs on tech – Danske Bank

Equities: AI trade unwind weighs on tech – Danske Bank

Reported · Written up by our desk · Major Pairs

Danske Bank’s Danske Research Team highlights that US equities saw a sharp AI-related selloff on Friday, with energy outperforming technology by more than 4 percentage points. The SOX index logged an eighth straight decline, its longest losing streak since 2006, underscoring concentrated weakness in AI names. Early Monday, sentiment looks more constructive with US futures, led by Nasdaq, trading higher.

Latest closeNasdaq Comp. 27,193.34 ▼1.2%

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Sources

FXStreetEquities: AI trade unwind weighs on tech – Danske Bank

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