On June 24, 2026, S&P 500 futures were mixed as European and Asia-Pacific markets experienced declines, primarily due to a global selloff in technology stocks amid rising costs associated with artificial intelligence infrastructure. S&P 500 futures dipped by 0.16%, while Nasdaq 100 futures fell by 0.66%. The Dow Jones Industrial Average Futures rose slightly by 0.18%.
Thursday saw a notable decline in technology stocks, with the Nasdaq Composite dropping 0.46%, marking its fourth consecutive losing session—the first such streak since February. In contrast, sectors like healthcare, financial, and industrial offered some support to blue-chip companies, with the Dow gaining 71.72 points.
In Asia, SoftBank led significant losses, plummeting over 12%. South Korean stocks faced sharp declines, with the Kospi down 5.81% and the Kosdaq down 4.10%. Japanese markets also suffered: the Nikkei fell 4.15%, while the Topix decreased by 1.32%.
European markets followed suit, with major indices like the FTSE 100 and Cac40 opening lower, driven by tech sector losses, which were exacerbated by announcements from Apple and Microsoft regarding price hikes due to increased component costs.
Julia Herman from New York Life Investment Management noted the market’s fragility, especially among semiconductor and memory chip leaders, attributing it to greater volatility linked to changing Federal Reserve expectations. As the week progressed, the Nasdaq was poised to end down 4.4% and the S&P 500 by 1.9%, while the Dow was up 0.7%.
Investors were set to pay attention to upcoming preliminary wholesale inventory numbers and consumer sentiment data.
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