Markets Dive as AI Worries Overshadow Fed Rate Cut. Stock Futures Drop.
Market Intelligence Analysis
AI-PoweredU.S. stock futures fell as concerns over the artificial intelligence sector overshadowed expectations of a Federal Reserve rate cut, particularly following disappointing earnings from Oracle. The Dow Jones Industrial Average futures dropped by 224 points, indicating a bearish market sentiment.
Market impact analysis based on bearish sentiment with 86% confidence.
Article Context
U.S. stocks were set to open in the red on Thursday as earnings from software and cloud-computing company Oracle sparked concerns about the artificial-intelligence trade. Dow Jones Industrial Average futures were down 224 points, or 0.5%.
Analysis and insights provided by AnalystMarkets AI.