US Pre-Open: Tech-Led Risk-Off Deepens as Oil Rallies
US equity futures are lower, with technology shares under pressure as AI investment concerns and rising oil prices weigh on risk appetite. The Nasdaq 100 ETF is down 3.12%, while the S&P 500 ETF falls 1.68%.
Nasdaq 100 ETF -3.12%AI investment concerns and technology selling
S&P 500 ETF -1.68%Broad risk aversion amid oil strength and technology weakness
WTI crude +1.79%Middle East tensions and energy supply concerns
Long-duration Treasuries +2.08%Safe-haven demand
Lead: US equity futures are lower, with technology shares under pressure as AI investment concerns and rising oil prices weigh on risk appetite. The Nasdaq 100 ETF is down 3.12%, while the S&P 500 ETF falls 1.68%.
Session narrative: Selling is led by technology, with broad equity weakness extending the risk-off tone. WTI crude is higher amid renewed Middle East tensions and energy-supply concerns.
Cross-asset check: Long-duration Treasuries are up 2.08%, while the ten-year yield stands at 4.97%, up 0.34% on the day. The dollar index is up 0.08% and dollar-yen is lower by 0.26%.
Themes & continuing stories: Investors are questioning the returns on large AI infrastructure spending. Geopolitical risk is supporting oil and keeping inflation concerns alive.
What’s ahead: The news feed lists a US interest rate decision and a press conference with Chair Warsh. No event times, forecasts, or previous values are supplied.