US Equity Futures Mixed at Thursday Close; Nasdaq 100 Down 1.23%

The dispersion matters more than the headline decline: losses concentrated in Nasdaq 100 futures while Dow and Russell 2000 contracts finished marginally positive points to rotation rather than broad risk-off, with the tech-heavy index carrying the selling pressure alone. That divergence is the notable signal for anyone tracking where equity risk is being repriced. Whether this tech-versus-blue-chip split persists into the next session, or narrows into a uniform move, is the open question.