Stocks steadied after a two‑day tech slide driven by AI‑bubble fears. Futures for the S&P 500 and Nasdaq 100 hint at modest gains, while the Dow looks set to tick lower. Market breadth narrows as investors weigh lingering tech volatility. This backdrop follows a sharp dip in semiconductor shares as concerns about overvaluation grow.

The Nasdaq composite has slipped 4% so far this week, reflecting a pullback from last month’s rally. Micron Technology, whose shares fell 13% yesterday after a year‑high surge, will report earnings after the close, offering a fresh gauge of AI‑related spending. Investors will watch the results for clues on whether chip demand remains robust.

South Korea’s Kospi index recovered after a 10% drop yesterday, buoyed by gains from chip makers Samsung and SK Hynix. The rebound signals that Asian markets still see upside in semiconductor exposure amid global supply‑chain shifts. Analysts note that the rebound could lift related tech stocks higher in the coming sessions.

Oil prices continue to retreat, with Brent crude trading below $76 a barrel after yesterday’s low since the Iran war. Japan’s Nikkei index fell 1% after a nearly 4% retreat yesterday, reflecting broader risk‑off sentiment. The slide underscores tightening energy budgets and a cautious outlook for growth.