Stock futures are little changed after tech sector sell-off: Live updates
Stock futures are little changed as investors retreat from mounting risks. The tech sector sell-off continues, with Nasdaq futures dropping over 1% due to AI worries. Meta and chip stocks decline as the AI trade comes under pressure. Oil prices climb, contributing to the market uncertainty.
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- ✓ Nasdaq futures drop over 1% as AI worries resurface
- ✓ Meta and chip stocks decline as AI trade comes under pressure
- ✓ Stock futures are little changed after tech sector sell-off
- ✓ Oil prices climb, contributing to market uncertainty
What changed
The tech sector sell-off deepened, with Asian tech stocks, including SK Hynix and Samsung, falling as crude oil extends gains.
Live updates
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Stock futures little changed after tech sector sell-off
Stock futures are little changed as investors retreat from mounting risks. The tech sector sell-off continues, with Nasdaq futures dropping over 1% due to AI worries. Meta and chip stocks decline as the AI trade comes under pressure. Oil prices climb, contributing to the market uncertainty.
Why it matters
The stock market is experiencing a tech sector sell-off due to concerns over AI spending. This has led to a decline in stock futures, with Nasdaq futures dropping over 1%. The market uncertainty is further exacerbated by rising oil prices.
What is confirmed
- Nasdaq futures drop over 1% as AI worries resurface
- Meta and chip stocks decline as AI trade comes under pressure
- Stock futures are little changed after tech sector sell-off
- Oil prices climb, contributing to market uncertainty
Still unconfirmed
- The airports at risk of 'unacceptably high delays' as the EES farce continues
- I'm a single mum paying £750-a-month rent – I'm close to using food banks again
What to watch next
- The release of major tech earnings reports
- The next OPEC meeting to discuss oil production levels
- The US Federal Reserve's decision on interest rates
confidence 85%Sources used for this update (12)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
- Reuters — Nasdaq futures drop over 1% as AI worries resurface, oil climbs
- The New York Times — Stocks Fall and Oil Rises as Investors Retreat from Mounting Risks
- Yahoo Finance — Meta and chip stocks decline as AI trade comes under pressure: AlphaCheck
- CNBC — Stock futures are little changed after tech sector sell-off: Live updates
- CNBC — CNBC Daily Open: AI spending fears haunt markets before Halloween
- Bloomberg.com — Asian Stocks to Slide on Tech Rout, Bonds Rally: Markets Wrap
- www.thehindubusinessline.com — Stock Market Highlights, October 23: Sensex, Nifty extend losses as crude surges to $114, all sectors close in red - The HinduBusi....
- www.businesstimes.com.sg — SK Hynix, Samsung fall as Asian tech sell-off deepens and crude oil extends gains - The Business Times
- inews.co.uk — The airports at risk of 'unacceptably high delays' as the EES farce continues
- inews.co.uk — I’m a single mum paying £750-a-month rent – I’m close to using food banks again
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