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Barchart

Oleksandr Pylypenko

Stock Index Futures Plunge on Valuation Concerns

US Federal Reserve United States China Palantir Donald Trump Inflation Stephen Miran Corporate Earnings Japan Advanced Micro Devices

December S&P 500 E-Mini futures (ESZ25) are down -1.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.31% this morning as quarterly results from AI bellwether Palantir failed to impress investors and Wall Street executives cautioned about a potential correction due to sky-high valuations.

Palantir Technologies (PLTR) slumped over -7% in pre-market trading amid valuation concerns, despite the company reporting upbeat Q3 results and raising its full-year revenue guidance.

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