S&P 500 Futures Slide on Tech Drop, Inflation Jump — SkimNews
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- S&P 500 futures slid as tech shares dropped for a second consecutive day and a wholesale inflation reading jumped, per CNBC's live updates.
- Nvidia, AMD, and Broadcom face Wall Street investor fatigue according to Baird's Mortonson, as a global tech selloff deepened on wobbling enthusiasm for AI stocks, per CNN and Yahoo Finance.
Why it matters: The same chip names that have driven the S&P 500's concentrated AI rally are now being called out by a sell-side analyst as exhausting investor patience, even as a fresh wholesale inflation reading adds another macro headwind to a second-straight session of tech selling.
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