India, Oct. 9 -- European stocks are seen opening higher on Friday despite overnight losses on Wall Street. U.S. stock futures ticked higher after the Nasdaq posted its biggest single-day loss since mid-August on fresh concerns over the sustainability of the AI spending boom.
The U.S. dollar took a breather as U.S. Treasury yields finally halted their relentless upward trajectory. The 10-year Treasury yield dropped to 5.22 percent after a 30-year debt auction met with solid demand.
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