Stock futures were little changed in overnight trading Wednesday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower.
Futures on the Dow Jones Industrial Average were flat. S&P 500 futures and Nasdaq 100 futures also traded near the flatline.
Big Tech names and chipmakers led losses again Wednesday as investors continued to rotate out of high-flying stocks. Amazon, Apple and Alphabet all registered losses of more than 1%. Broadcom dipped 1.3%, while Intel dropped 7%. At one point, Nvidia fell more than 3% during the session but closed just 0.1% lower.
“There just hasn’t been much conviction behind the recent bout of tech selling, and most people assume it will be over relatively soon,” Adam Crisafulli, founder of Vital Knowledge, said in a note. “This mindset suggests a dangerous degree of complacency, and it means the ‘pain trade’ will be for the tech underperformance to continue.”
Source: https://www.cnbc.com/2025/08/20/stock-market-today-live-updates.html