Stock Futures Drop as Tech Selloff Gathers Pace

Markets were connected people to unfastened successful the reddish Tuesday arsenic investors continued to dump tech stocks, which person taken a hammering successful caller weeks owed to concerns astir the disruption that artificial quality could cause.

Stock futures tracking the Dow Jones Industrial Average fell 120 points, oregon 0.3%. S&P 500 futures were 0.4% lower, and contracts tied to the tech-heavy Nasdaq 100 dropped 0.9%.

The Nasdaq has closed successful the reddish for 5 consecutive weeks, dragged down by concerns astir large spending connected AI arsenic good arsenic a bid of panic selloffs that person deed industries including software, trucking, and commercialized existent estate.