Crude oil prices advanced in Tuesday trading as US equity futures pointed to a weaker start for major indices.
The divergence highlights a shift in market sentiment, with energy assets gaining traction while technology-heavy benchmarks face headwinds.
8%. The sell-off in tech was largely driven by artificial intelligence-related stocks, which came under pressure following investor reaction to Samsung Electronics' earnings results.
S&P 500 futures declined 0.2%, while Nasdaq 100 futures fell more sharply by 0.8%.
The sell-off in tech was largely driven by artificial intelligence-related stocks, which came under pressure following investor reaction to Samsung Electronics' earnings results.
The semiconductor giant's performance has sparked fresh concerns regarding the sustainability of the AI investment cycle, prompting a rotation out of high-growth tech names.
This move marks a reversal from Monday's session, where US equity futures had posted gains as investors briefly pivoted back toward technology stocks after a period of heavy selling.