Stock futures were neutral Tuesday after a sell-off in favoured technology stocks caused the Nasdaq Composite to have its worst day since April.
Nasdaq-100 futures rose 0.4%, while S&P 500 futures climbed 0.2%.
Futures contracts for the Dow Jones Industrial Average lost 70 points, or 0.2%. Nvidia shares increased by more than 3%.
The stock fell more than 6% the previous session, its worst one-day slump since April 19 when it lost 10%.
The latest decline moved the AI darling deeper into correction territory, dropping 16% from an intraday peak established last week.
Other semiconductor companies under pressure on Monday were Super Micro Computer, Qualcomm, and Broadcom.
Source (CNBC)
