US jobs report in focus as Paris stocks set to open lower after Nasdaq plunge

investir.lesechos.fr (French) —

Paris stocks are set to open nearly 1% lower following a sharp sell-off on Wall Street, where the Nasdaq plunged 5.5% on Thursday, its worst drop since the "Liberation Day" tariff announcement. The tech rout was driven by concerns over increased AI regulation and potential moratoriums on infrastructure and data center projects after the Democrats' sweeping victory in Congress. Micron Technology and Advanced Micro Devices each fell 17%, while the Dow Jones dropped 3.4%. In corporate news, Teleperformance cut its annual growth forecast, while Euronext reported record profits. Daimler Truck benefits from strong North American demand. US October employment figures are due this afternoon.


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