Reported 2 months ago
US stock futures rose after a three-day selloff in global markets, driven by fears of an economic slowdown and tech sector valuations. The S&P 500 futures increased by 1.4%, and the Nasdaq 100 futures climbed 1.7%. This rebound follows a period of significant market declines attributed to rising US unemployment. Analysts suggest that while market corrections are natural, concerns about an economic recession are mitigated by positive data from the US services sector.
Source: YAHOO