Dow Futures Slip as Tesla, SanDisk Drag AI Stocks Lower
Markets posted solid weekly gains, but Thursday's AI-sector selloff stole the show. Apple and Robinhood are flashing buy signals worth watching.
Don't let the weekly scoreboard fool you. The broader market put up respectable gains over the past five sessions, but Thursday's session felt like a gut punch if your portfolio skews toward AI and tech. SanDisk led the damage, dragging fellow artificial intelligence plays down with it in a broad sector selloff that rattled momentum traders heading into the weekend.
Tesla wasn't spared either. The EV giant tumbled alongside the AI crowd, adding pressure to an already shaky Dow Jones futures picture after the closing bell. When Tesla and high-flying AI names move in the same direction south, retail traders feel it fast — and the overnight futures market reflected exactly that kind of unease.
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Here's where it gets interesting for active traders: Apple and Robinhood are both reportedly flashing buy signals right now. That's a notable divergence. While the speculative end of tech took a beating, two of the most widely held names among retail investors are setting up on the charts. That kind of split tells you the selling was targeted, not a full-blown risk-off panic.
The playbook here is straightforward — don't chase the AI wreckage lower, but don't assume the whole market is broken either. Selective strength in names like Apple suggests institutional money is rotating, not retreating. Watch how the Dow futures open and whether tech can stabilize early in the session before making any aggressive moves.
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