Benchmarks in Japan and South Korea declined, dragging a gauge of Asian equities lower. Futures contracts for the S&P 500 declined as much as 1.1% in early trading while those for the tech-heavy Nasdaq 100 sank even more. Treasury yields slipped across maturities.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays