The S&P 500 Index ($SPX) (SPY) today is down -0.90%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -1.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.17%. December E-mini S&P futures (ESZ25) are down -0.85%, and December E-mini Nasdaq futures (NQZ25) are down -1.02%.
US stock indexes extended Thursday's sell-off today, as losses deepened amid concerns about a hawkish pivot by the Fed. Doubts over a Fed interest rate cut next month have fueled jitters about stretched valuations of AI-infrastructure and semiconductor stocks and sparked long liquidation in stocks and risk-off sentiment in asset markets.
