Goldman Sachs 2027 outlook: Goldman projects the S&P 500 12-month target at 8,700.

NVIDIA's board is meeting to consider removing CEO Jensen Huang after another disclosed clip about his relationship with a directly reporting executive heightened investor concern. NVIDIA shares fell, contributing to more than half of the decline in Nasdaq-100 futures; Nasdaq-100 futures were down 0.6% and S&P 500 futures down 0.3%. Continued weakness could erase over $200bn of NVIDIA market value. The sell-off hit AI-linked names; cloud-computing specialist CoreWeave reversed about 5% after Wednesday gains, while competitors Broadcom and AMD advanced.

Reports say more than 100 people were detained during a nationwide strike in Spain.