Tech stocks steady after worst session in 18 months
Written by AI from cnbc.com's report. Not checked by a person.
US stock futures edged higher on 8 November as investors weighed the AI trade, data and earnings after the Nasdaq's sharp sell-off and rebound.
CNBC's live coverage says US stock futures were mixed to slightly higher late on 8 November as investors eyed the AI trade and braced for more data and earnings. The Nasdaq Composite had fallen 5.5% on 5 November, closing more than 10% below its recent high, its worst session in 18 months, before bouncing 1.09% to 24,579.42 on Friday. Tesla fell 10.8% in the 5 November sell-off of large tech shares. CNN linked the decline to worries about AI. This item is dated 8 November, the latest live market page found, since no 9 November page was located.
