Fast-Money Systematic Funds Stoked $2.3 Trillion Tech-Stock Rout

Systematic trend-following strategies amplified a record market value plunge in the Nasdaq 100 as investors exited US technology stocks. This selloff, driven by concerns over tighter data center regulation, wiped approximately $3 trillion off the S P 500, marking its steepest drop in over a year. However, the decline eased as dip buyers supported the artificial-intelligence trade. Consequently, US benchmark futures rose 0.6%, while Nasdaq 100 contracts climbed 1.8% to recover some of Thursday's 6.4% loss.