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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.
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China’s recent surge in respiratory illnesses caused by flu and other known pathogens, not COVID-19

 

According to the Chinese health ministry, the recent surge in respiratory illnesses across the country is caused by the flu and other known pathogens, and not by COVID-19. 

The World Health Organization (WHO) has asked China for more data on the respiratory illness spreading in the north of the country, urging people to take steps to reduce the risk of infection . The surge in respiratory illnesses such as flu and RSV has been reported in some parts of China, in the first winter since the country eased its COVID-restrictions. Mycoplasma, which can cause walking pneumonia, is among the bugs that Chinese officials say are behind an outbreak of pneumonia, flu, and COVID-19 in kids.


 


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