Dow futures dip as investors wary of lofty AI stock valuations
US stock futures traded lower on Wednesday as investors grew wary of lofty AI valuations. Dow futures slipped 0.07%, while the S&P 500 fell 0.36%. Ameriprise Anthony Saglimbene told CNBC valuations look really stretched without a pullback. Earlier, Goldman Sachs and Morgan Stanley warned of a potential 10-20% correction in equities.