New Delhi, Feb. 4 -- US stock futures edged higher on Wednesday, signalling a flat-to-slightly positive start to trade on Wall Street, a day after a sharp tech-led sell-off dragged software and mega-cap stocks lower.
Dow Jones Futures traded 0.33% higher at 49,512, while S&P 500 futures were trading higher at 6,962.75, up 0.31%, indicating that the US stock market could open higher.
Microsoft gained 0.2% in pre-open trade while Nvidia was higher by 0.37%. Amazon added 0.4% and Meta Platforms 0.14%
The latest selloff in tech stocks was sparked by Anthropic after it said it was launching a new artificial intelligence (AI) tool servicing legal work, threatening software firms.
The overnight rout in US and European markets is extending to...
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