Global marketsUpdated November 6

US equity futures rise as chipmakers rally after tech rout

Late Thursday, falling futures had pointed to a potentially rough session ahead. But Bloomberg reported Friday that US equity futures rose after the S&P 500’s steepest drop in more than a year. Chipmakers rallied after bearing the brunt of the tech sell-off, which came amid fears of a clampdown on data-center construction. The brighter signal was in futures, not a report of gains in Friday’s trading session.

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Coverage started November 6