US market prediction today: S&P 500, Nasdaq futures fall up to 1.8% as AI fears hit Nvidia, Intel
New Delhi, Sept. 14 -- US stock futures pointed to a weak start on Wall Street on Monday, September 14, with key US indices resuming their decline in pre-market trading amid concerns over a potential slowdown in artificial intelligence. A jump in crude oil prices ahead of the US Federal Reserve's policy meeting also added to the cautious mood.
Futures tied to the tech-heavy Nasdaq 100 Index declined 1.8%, while those linked to the S&P 500 and Dow Jones Industrial Average fell 0.8% and 0.3%, respectively. The losses came after the S&P 500 snapped a four-day losing streak on Friday, surging 0.9%. The Dow Jones and Nasdaq Composite also gained around 1% each.
AI- and chip-related stocks were among the biggest casualties in pre-market tradi...
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