Chip makers and AI infrastructure groups slid in U.S. premarket trade on Tuesday, extending recent losses as investors pulled back from risk. The selloff in technology came alongside broader market caution, with oil prices ticking higher and topping $110 a barrel. Brent crude and U.S. WTI both gained on supply concerns, while major tech indexes futures pointed to a lower open.
The move underscores continued volatility in growth sectors as the market digests higher interest rates and economic uncertainty.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing