US Futures Stabilize After Sharp Reversal
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US stock futures stabilized on Friday after a sharp reversal on Thursday due to AI jitters. Strong jobs data reinforced expectations that the Federal Reserve will not cut interest rates in December. Major tech stocks, including Nvidia, AMD, Palantir, Micron Technology, and Oracle, saw significant declines. The Dow fell 0.84%, the S&P 500 dropped 1.56%, and the Nasdaq Composite slid 2.15%.
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