Stock futures trade mixed after tech sector sell-off: Live updates
Source: CNBC ·
The Nasdaq Composite posted its worst day since June as the tech sector sold off Thursday.
From the source
U.S. equity futures were mixed in early Friday trading after tech stocks sold off on concerns that the artificial intelligence trade could be faltering, at least in the near term. Futures tied to the S&P 500 lost 0.04%, Dow Jones Industrial Average futures were down 92 points, or 0.17%. Nasdaq-100 futures added 0.11%. In regular trading, the S&P 500 sank 1.2%, and the Nasdaq Composite slid 2.6%. The broad market benchmark posted its worst session since July, while the tech-heavy Nasdaq had its worst day since June. The Dow Industrials bucked the trend and closed marginally higher. In Asia, South Korea's benchmark Kospi Index fell 2.42%, while Japan's Nikkei 225 lost 2.1%. Hong Kong's Hang Seng Index was down 0.47%. Mainland China's CSI 300 declined 1.76%, deepening its descent into a technical bear market. Australia's S&P/ASX 200 was 0.21% lower. Worries around artificial intelligence spending weighed down the market and dragged the U.S. tech sector to a 3% decline on the day. Nvidia…