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U.S. stocks were set to open sharply lower Tuesday as a tech selloff that began during the prior session picked up steam overnight, with global markets in Asia routed as memory chip-related shares tumbled.
Futures for the Dow Jones Industrials wavered 207 points, or 0.4%, to 51,912.
Futures for the S&P 500 index retreated 99.25 points, or 1.3%, to 7,442.
Futures for the NASDAQ Composite capsized 856.75. or 2.8%, to 29,796.75, dragged down by shares of Alphabet primarily.
U.S.-traded Micron Technology then followed suit in early U.S. trading, with the memory chipmaker down 7% in pre-market action. Sandisk fell more than 8% while components maker Seagate Technology also shed around 7%. Intel pulled back nearly 7%, while Advanced Micro Devices and Qualcomm lost more than 6% each.
In Japan, the Nikkei 225 dived 3.6% Tuesday, while in Hong Kong, the Hang Seng skidded 1.8%.
Oil grabbed 37 cents to 73.49 cents U.S. a barrel.
Gold prices dulled $69.30 to $4.113.40 U.S an ounce.
