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Wall Street Pauses as Tech Weakness Weighs on Futures

  U.S. stock futures were mixed as investors navigated lingering volatility following a sharp pullback in major technology names. Dow Jones futures showed a slight uptick, while S&P 500 futures hovered near flat. Nasdaq futures, however, continued to drift lower, reflecting ongoing pressure in the tech sector. The recent downturn in high‑growth technology stocks has prompted a broader shift in market sentiment, with traders rotating toward more defensive positions. Concerns about the sustainability of tech valuations and the impact of AI‑driven competition have added to the cautious mood. Attention now turns to Alphabet’s upcoming earnings report, which is expected to play a pivotal role in shaping the market’s next move. With investors eager for clarity on the company’s AI strategy and advertising performance, the results could either steady the tech landscape or deepen the current uncertainty.
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Hospitals in China Overwhelmed with Post-Covid Surge in Respiratory Illnesses Among Children

 


According to recent news reports, hospitals in Beijing and northern China are struggling to cope with a surge of children with respiratory illnesses as the country enters its first winter since relaxing stringent Covid-19 controls nearly one year ago.

The situation has become so dire that wait times to see doctors stretch for hours, with hundreds of patients queuing at some children’s hospitals in major cities across northern China . An official at the Beijing Children’s Hospital told state media that the current average of more than 7,000 daily patients “far exceeds the hospital’s capacity”.

he World Health Organization (WHO) has asked China to provide more information on an increase in respiratory illnesses and “reported clusters of undiagnosed pneumonia in children”. Health officials in Beijing and other major cities in northern China have said typical seasonal illnesses, including influenza and respiratory syncytial virus (RSV), as well as mycoplasma pneumonia – a bacterial infection that typically causes mild infection and commonly affects children – were driving causes .


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