S&P 500 futures are little changed after tech sell-off drags down broad market index: Live updates
S&P 500 and Nasdaq futures are trading lower or near the flatline. A sell-off in technology and semiconductor stocks is weighing on major indexes. The downturn has extended into European and Asian markets.
What changed
The tech sell-off has expanded to include semiconductors and international markets.
Live updates
-
S&P 500 and Nasdaq Futures Slip Amid Tech and Chip Sell-Off
confidence 90%S&P 500 and Nasdaq futures are trading lower or near the flatline. A sell-off in technology and semiconductor stocks is weighing on major indexes. The downturn has extended into European and Asian markets.
What's confirmed:
- The S&P 500 and Nasdaq Composite are on track to end the trading week in the red.
- A sell-off in technology and semiconductor sectors is putting downward pressure on the U.S. stock market.
Still unconfirmed:
- The Federal Reserve's preferred inflation gauge surprised to the upside.
- The AI trade that crashed Korea a week ago is now powering a record quarterly rally there.
- BlackRock's IBIT shed $300 million.
-
S&P 500 Futures Flat After Tech Sector Sell-Off
confidence 80%S&P 500 futures are trading near the flatline following a sell-off of tech giants. This decline in technology stocks dragged down the broader market index. Investors are shifting focus from growth stocks toward more stable cyclical assets.
What's confirmed:
- S&P 500 futures lost 0.1%.
- Nasdaq 100 futures slid 0.2%.
Still unconfirmed:
- Micron shares soared recently.