Asian stocks, US futures slide after Nvidia curbs

Contracts for the Nasdaq 100 fell more than 1.4% in early trading and S&P 500 futures dropped 0.9% after Nvidia slumped in after-hours trading. Gold, a safe haven asset that tends to gain when risk assets drop, hit a new record on Wednesday. Bonds held on to the previous session’s gains driven by a Treasury official’s comment on potential rule change that could lower trading costs for banks. The dollar slipped.

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