US stock futures point to flat start for Wall Street after Anthropic AI-led tech selloff - News Summed Up

US stock futures point to flat start for Wall Street after Anthropic AI-led tech selloff


US stock futures edged higher on Wednesday, signalling a flat-to-slightly positive start to trade on Wall Street, a day after a sharp tech-led sell-off dragged software and mega-cap stocks lower. Dow Jones Futures traded 0.33% higher at 49,512, while S&P 500 futures were trading higher at 6,962.75, up 0.31%, indicating that the US stock market could open higher. Amazon added 0.4% and Meta Platforms 0.14%Why did tech stocks fall? The latest selloff in tech stocks was sparked by Anthropic after it said it was launching a new artificial intelligence (AI) tool servicing legal work, threatening software firms. The tech rout comes amid wider concern that a tech bubble could burst, posing financial stability risks.


Source: Mint February 04, 2026 12:25 UTC



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