economy
S&P 500 Futures Decline After Tech Sell-Off Drags Down Broad Market Index; South Korea's Kospi Falls Over 6%: Live Updates
Tech giants tumbled in Monday's regular trading, dragging down the S&P 500 and Nasdaq Composite.
TL;DR
- S&P 500 futures and Nasdaq 100 futures declined.
- Tech giants like Amazon, Meta Platforms, and Alphabet saw significant drops.
- Asia-Pacific markets turned lower, with South Korea's Kospi leading losses.
- Oil prices fluctuated due to progress in U.S.-Iran talks and a U.S. Treasury license for Iranian oil sales.
- Seven of the 11 GICS sectors ended Monday higher, led by real estate.
- Corporate earnings and AI/tech-related investments remain areas of focus for traders.