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After the AI sector sell-off dragged down the NASDAQ sharp drop yesterday, NASDAQ futures rose for a while this morning. However, UBS stock strategist Gerry Fowler said that investors need not be overly optimistic about this wave of rise in the futures market; it is likely that there will be a sell-off in the future. The strategist said that the US trend tracking quantitative investment strategy currently maintains long stock positions, and is likely to keep up with yesterday's sharp decline and reduce positions in the future. Fowler believes that this wave of cautious growth is not a real rebound; it is more like exploratory buying in a futures market with poor liquidity. “As we approach the opening of US stocks, we need to continue to observe the flow of capital and not overinterpret the repair market.”

Zhitongcaijing·11/06/2026 13:09:35
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After the AI sector sell-off dragged down the NASDAQ sharp drop yesterday, NASDAQ futures rose for a while this morning. However, UBS stock strategist Gerry Fowler said that investors need not be overly optimistic about this wave of rise in the futures market; it is likely that there will be a sell-off in the future. The strategist said that the US trend tracking quantitative investment strategy currently maintains long stock positions, and is likely to keep up with yesterday's sharp decline and reduce positions in the future. Fowler believes that this wave of cautious growth is not a real rebound; it is more like exploratory buying in a futures market with poor liquidity. “As we approach the opening of US stocks, we need to continue to observe the flow of capital and not overinterpret the repair market.”