U.S. stock futures fall as investors pull back from tech shares
U.S. stock futures fell sharply Tuesday, pointing to a weaker open after a technology-led pullback hit Wall Street. Investors were weighing two forces at once: diplomatic talks between the United States and Iran and renewed pressure on the artificial-intelligence trade that has powered much of this year’s market gains.
Highlights
- Dow Jones futures fell 0.7%, and Nasdaq 100 futures slid 2.5%.
- Tech shares are under pressure.
- Traders are watching Iran talks, earnings, and inflation.
Tech leads the premarket decline
Futures tied to the Dow Jones Industrial Average dropped 0.7%. S&P 500 futures fell 1.4%, while Nasdaq 100 futures slid 2.5%, showing that the heaviest selling was concentrated in technology shares, Yahoo Finance reports.
The move followed a weak Monday session, when stocks mostly fell and several major technology names lost ground. SpaceX dropped more than 16% on Monday, while Amazon fell 4.8%, Alphabet lost 5%, and Nvidia slipped 1%. The Nasdaq Composite closed down 1.3%, while the S&P 500 declined 0.4%.
Iran talks and earnings add to caution
The market’s geopolitical focus remains on U.S.-Iran negotiations. Progress in the talks could reduce concern about energy supply risks, especially after recent pressure around oil flows and the Strait of Hormuz. But investors are still treating the situation as fragile rather than settled.
Earnings will add another test. FedEx is scheduled to report results Tuesday after the close, offering a read on shipping demand and the broader economy. Cerebras Systems is also due to report first-quarter results Tuesday, its first earnings release since going public, putting another AI-linked company under investor scrutiny.
Later in the week, traders will turn to Micron’s earnings and the May PCE report, the Federal Reserve’s preferred inflation gauge. The BEA says the PCE index tracks changes in prices paid by U.S. consumers for goods and services.
The market test ahead
The size of the Nasdaq move matters. A 2.5% drop in Nasdaq 100 futures, compared with a 0.7% fall in Dow futures, points to a sharper retreat from high-growth technology shares than from the broader market.
That makes this week important for sentiment. Weak results from AI-linked companies or a hotter PCE report could deepen the selloff. Strong earnings or calmer geopolitical headlines could help stabilize trading, especially if investors decide the pullback in tech has gone too far.
We also reported oil market slips despite lingering risks around the Iran deal.
Latest Nasdaq News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
