US Futures Edge Lower After Tech-Led Drop

2026-06-23 00:05 By Jam Kaimo Samonte 1 min. read

US stock futures edged lower on Tuesday after Wall Street opened the week on a weak note, weighed down by sharp losses in technology shares.

During Monday's regular session, the S&P 500 and Nasdaq Composite declined 0.37% and 1.32%, respectively, while the Dow Jones added 0.29%.

Major tech stocks led the downturn, with Alphabet falling 5%, Microsoft losing 3.2%, Amazon dropping 4.8%, Broadcom sliding 4.7%, and Meta Platforms shedding 2.3%.

SpaceX also sank 16.4%, marking its third consecutive losing session after unveiling a new bond offering.

Meanwhile, Micron jumped 6.8% after announcing a strategic partnership with Anthropic.

On the geopolitical front, the US granted Iran a 60-day license to sell oil on global markets, boosting expectations for a faster recovery in crude supply.



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