Foreign Media: U.S. Stocks Poised for Rebound After AI Selloff

Odaily News: U.S. stocks are expected to open higher on Monday. This follows the market's largest weekly decline since April of last year, when Trump announced tariff policies. During Asian trading hours, Nasdaq 100 futures, which are tech-heavy, rose 1.3%, while S&P 500 futures gained 0.8%. Analysts noted that investors are now reassessing the market situation after Friday's selloff, which was triggered by concerns over widening credit spreads among companies tied to AI data centers. This easing of sentiment also supported Asian markets. South Korea's KOSPI index rose 0.5% on Monday after suffering an 11% decline last week.

Prashant Bhayani, Chief Investment Officer for Asia at BNP Paribas, said: "We're seeing a rebound because there was no substantive escalation in the Iran conflict over the weekend." Bhayani added that after last week's "de-risking" moves, traders have adopted a wait-and-see approach toward AI-related trades. Japan's TOPIX index fell nearly 1% in early trading on Monday but recovered in the afternoon, ending the day roughly flat. The Nikkei 225, which is heavily weighted with technology stocks, fell 0.7%. (Financial Times)