Stock futures remain under pressure after worst Nasdaq session since June: Live updates

Live updates

1. 2h ago

   Stock Futures Under Pressure After Worst Nasdaq Session Since June

   Stock futures remain under pressure following the worst Nasdaq session since June, as sharp drops for artificial intelligence stocks and big tech faltering overwhelm markets worldwide. Asian shares slipped while oil prices jumped, extending a relentless advance with Brent crude hitting a six-month high. Meanwhile, gold fell below $4,000 following a massive liquidation of precious metals. US tech stocks tumbled as investors grew increasingly concerned over artificial intelligence spending. Stock markets faced broad declines, and oil extended gains as an energy ceasefire unravelled.

   Why it matters

   Global financial markets are reacting to a tech sector rotation and intense investor anxiety regarding heavy artificial intelligence spending and fading revenue optimism. At the same time, surging crude oil prices driven by geopolitical tensions create mounting macroeconomic headwinds. The sharp correction in major indices follows previous sessions of extreme volatility, weighing heavily on risk appetite across international exchanges.

   What is confirmed

   • Stock futures remain under pressure following the worst Nasdaq session since June.
   • Asian shares slipped as sharp drops for AI stocks overwhelmed markets worldwide and oil prices jumped.
   • Gold fell below $4,000 after a massive liquidation of precious metals.

   Still unconfirmed

   • Trump and Netanyahu are weighing renewed strikes on Iran around elections that decide their political futures as Brent crude hits a six-month high.

   What to watch next

   • Further movements in major tech and artificial intelligence stock valuations
   • Subsequent changes in global crude oil prices and energy market developments
   • Upcoming political election developments and potential impacts on international crude supplies
   Sources used for this update (12)

   1. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
   2. www.topstep.com — Topstep Weekly Market Kickoff: July 7, 2026
   3. help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
   4. www.tradingkey.com — Today’s Market Recap: OpenAI Revenue Concerns; Nasdaq Falls 1.25%, AAOI Drops 13.58%, Brent Gains 4.07%
   5. AP News — Asian shares slip as sharp drops for AI stocks overwhelm markets worldwide and oil prices jump
   6. CNBC — Stock futures remain under pressure after worst Nasdaq session since June: Live updates
   7. The New York Times — A Tech Rotation Roils the Markets, Again
   8. Al Jazeera — US tech stocks tumble as investors fret over AI spending
   9. Bloomberg.com — Futures Slip as Big Tech Falters, Oil Extends Relentless Advance
   10. www.thehindubusinessline.com — Stock Market Highlights, October 23: Sensex, Nifty extend losses as crude surges to $114, all sectors close in red - The HinduBusi....
   11. en.sedaily.com — Oil Hits Six-Month High as Trump, Netanyahu Face Election Tests - Seoul Economic Daily
   12. www.cointribune.com — Gold falls below $4,000 after massive liquidation of precious metals - Cointribune
   confidence 100%