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US equity futures inch up after tech rout; gold climbs
Business World Philippines
|December 16, 2025
US EQUITY-INDEX futures rose as the final full trading week of 2025 began, after worries over earnings of technology companies and heavy artificial intelligence (AI) spending sparked a selloff on Wall Street.
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Contracts for the S&P 500 and the Nasdaq 100 indexes advanced 0.2%, after the gauges retreated more than 1% Friday, along with tech stocks. Asian shares fell on Monday, with South Korea — a poster child for AI exuberance — slipping 1.3%. Futures also indicated gains for European stocks at the open.
Global risk appetite has been ebbing amid skepticism that tech stocks, which have propelled global benchmarks to record highs, can continue to warrant their lofty valuations and aggressive AI spending. Much of that investment reflects a long-term bet on technologies that may take years to generate meaningful commercial returns, adding to near-term uncertainty.
This story is from the December 16, 2025 edition of Business World Philippines.
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