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Macro US Stocks

Nasdaq 100 futures fall 3.07% in late New York trading; S&P 500 down 1.22%

Nasdaq 100 futures closed down 3.07% in late New York trading on Thursday, October 22, while S&P 500 futures fell 1.22%. Dow futures edged up 0.05% and Russell 2000 futures slipped 0.05%, leaving the tech-heavy index sharply underperforming the other major benchmarks.

Original source

AI take

The dispersion is the story: a 3% drop in Nasdaq 100 futures against a flat Dow and Russell 2000 points to a tech-specific de-rating rather than broad risk-off. That matters for crypto and RWA markets because digital assets have traded as a high-beta proxy for the same growth and duration exposure now being sold. Whether the divergence holds into the cash session, or the weakness broadens to the other benchmarks, is the open question worth watching.

Generated by AI for reference only.

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