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Macro US Stocks

Nasdaq futures fall more than 0.5%, S&P 500 futures down 0.3%

Nasdaq futures extended losses to more than 0.5%, while S&P 500 futures fell 0.3% and Dow futures slipped 0.2% in after-hours trading. IBM dropped over 3.4%, Tesla fell more than 2.9% and Nebius lost over 2.4%, with Intel down 1.6% and SK Hynix ADRs off 1.4%. Meta bucked the trend, gaining 2%.

Original source

AI take

The split between megacap tech and the broader index is the tell here: Nasdaq futures losing more than the S&P and Dow points to pressure concentrated in high-multiple names rather than a uniform risk-off move. Meta's gain against drops in IBM, Tesla and Nebius suggests the selling is selective, not a blanket tech de-rating, which matters for anyone reading this as a sentiment signal. Whether that dispersion holds into the regular session, or broadens into the wider market, is the open question worth watching.

Generated by AI for reference only.

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