Futures Pitch Lower Tuesday



U.S. stock futures were mixed on Tuesday, with artificial intelligence-linked names coming back under selling pressure following a mostly higher session on Wall Street.

Futures for the Dow Jones Industrials gained 22 points, just clearing breakeven, early Tuesday to 52,204.

Futures for the S&P 500 sank 16.25 points, or 0.2%, to 7,718.25.

Futures for the NASDAQ Composite faltered 199.5 points, or 0.7%, to 29,525.

Micron Technology and Sandisk fell more than 2% and 3%, respectively. Seagate Technology, Intel and Advanced Micro Devices were all down about 2%. CoreWeave shed more than 4%.

In Japan, the Nikkei 225 tumbled 1.3% Tuesday, while in Hong Kong, the Hang Seng returned from a long weekend to drop 1.3%.

Oil prices popped $5.84 to $109.50 U.S. a barrel.

Gold prices backpedaled $20.00 to $4,140.10 U.S an ounce.


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