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Futures linked to the Nasdaq and the S&P 500 fell up to 1.5 percent on Friday.
The 10-year US Treasury yield hit 4.54 percent, its highest since early June 2025.
KEY POINTS
- Nasdaq-100 futures dropped 1.46 percent, indicating a sharp loss of AI-driven rally momentum.
- Applied Materials shares fell 1.95 percent premarket despite positive third-quarter revenue guidance.
- The US-China summit ended without any major diplomatic or economic breakthrough on Friday.
- KOSPI slumped over 6 percent, marking a significant decline among Asian markets.
COMPANIES
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