US Futures Stabilize After Sharp Selloff
2025-11-14 00:18
By
Jam Kaimo Samonte
1 min. read
US stock futures stabilized on Friday after the major averages sold off in the previous session, as the boost from the US government reopening was outweighed by lingering concerns about stretched AI valuations and uncertainty over the Federal Reserve’s interest rate trajectory.
In regular trading on Thursday, the Dow fell 1.65%, the S&P 500 dropped 1.66% and the Nasdaq Composite declined 2.29%, with all three benchmarks posting their worst day since the October 10 selloff.
Megacap tech names led the decline, with Tesla, Nvidia, AMD, Palantir, Broadcom and Oracle losing between 3.6% to 6.6%, as investors remain cautious about a sharp rise in debt financing and surging AI capex plans.
Markets have also cut the probability of a December 25 basis point cut to about 50% from nearly 95% a month ago as several Fed officials signaled caution over further easing amid persistent inflation and gaps in official data following the government shutdown.