Equity Index futures markets realized significant selling pressure to start the week as major indices surrendered previous gains. Nasdaq-100 futures declined to a 2.5 week low of 24,007.50, influenced by uncertainty surrounding trade policies and specific news within the technology sector. Market participants focused on the potential impact of tariffs and shifted sentiment following AI-related developments affecting key stocks like IBM. Across the board, major equity index futures fell by 1% or more, reversing much of the upward momentum observed late last week. The move reflects a broader cautious stance as the market reacts to news developments and ongoing sector-specific volatility.
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