AI-Linked Shares Slide as Borrowing Costs Weigh on Markets
Futures pointed to another weak session for technology and semiconductor stocks, even as Treasury yields dropped. Hotter inflation data had already pushed the Nasdaq lower, with AI infrastructure names such as Oracle and CoreWeave hit by worries about higher rates and debt costs. Credit default swap spreads widened for several AI-related borrowers, while Asian markets also fell sharply.
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[paragraph] Need maybe blank line between paragraphs? Fine. "EXPANDED:" then two paragraphs. Under 120 total. Need no source phrasing. Check if any copied source phrasing? "Treasury yields" common. "AI-related names" okay. "default-insurance costs" not source. "CoreWeave carries" okay. "Asia’s tech rout" source has "Asia tech rout" maybe close. Could rephrase "Selling across Asia’s technology sector was severe" to avoid. But okay. "Kospi down 8.13%" source says Korean Kospi sunk 76 points or 8.13%. Fine. Need maybe mention "Nasdaq futures" but source table says Nasdaq -380.50 1.29%. Good. "S&P 500 futures slipped 0.35%" source table. "Dow futures edged up 0.24%" source. Good. Potential issue: "long-dated Treasury yields fell—10-year to 5.08%, 30-year to 5.43%, 2-year to 4.73%" 2-year is short-term, not long-dated. I said long-dated Treasury yields fell—10-year, 30-year, 2-year. That's inaccurate. Better: "Even as Treasury yields fell—10-year to 5.08%, 30-year to 5.43%, 2-year to 4.7