US Stock Futures Slide, Tech Takes the Brunt
US stock futures opened lower on Monday, with the Nasdaq 100 futures leading the decline, dropping over 1%. The move highlights renewed pressure on tech and growth stocks as market sentiment turns cautious amid rising bond yields and economic uncertainty.
Key Futures Point to Weak Open
S&P 500 futures slipped 0.71%, while Dow Jones industrial average futures fell 0.55%. Although losses in blue-chip and broad-market contracts are more moderate, the downward momentum suggests growing skepticism toward richly valued equities.
- Nasdaq 100 futures: -1.0%
- S&P 500 futures: -0.71%
- Dow futures: -0.55%
What’s Driving the Sell-Off?
Rising Treasury yields and renewed inflation concerns are weighing on high-growth names. With major tech earnings on the horizon, investors are wary of potential misses. The upcoming jobs report could provide clarity on the Fed’s next move, making this week a pivotal one for market direction.
As risk appetite cools, capital is shifting toward defensive sectors. Traders are advised to stay nimble and monitor volatility indicators closely in the near term.