StocksMedium•13 October 2026•
1 min read
Nasdaq Futures Drop as AI Stock Selloff Intensifies
Key Facts
1Nasdaq futures fell sharply as a selloff in AI stocks intensified globally.
2Heightened fears of Chinese competition contributed to the intensification of the AI sector selloff.
3A fall in oil prices and safe-haven demand provided some relief for Treasury yields.
Nasdaq futures fell sharply as a selloff in AI stocks intensified globally. The Wall Street Journal reported that heightened fears of Chinese competition in the technology sector contributed to additional selling pressure, marking an acceleration of a market correction that began three days ago.
NDAQ closed at $94.29 on October 12, 2026, having traded between a day low of $93.79 and a high of $94.85 during that session. According to the Wall Street Journal, a fall in oil prices and increased demand for safe-haven assets provided some relief for Treasury yields amid the broader tech volatility.