Tech-led sell-off drags futures as AI demand fears ripple through markets

U.S. stock futures eased Tuesday after a tech-led slide, with S&P 500 futures down 0.23%, Nasdaq 100 futures down 0.46%, and Dow futures down 0.12%, following Monday’s losses in broad indices. Memory-chip names fell on concerns about AI-driven demand, while investors awaited earnings from Home Depot, Eagle Materials and Amer Sports. Global markets were mixed as oil prices eased after President Trump postponed a Iran strike, with Asia markets reacting to the news and Japan posting stronger-than-expected Q1 GDP. Bank of America warned tech layoffs could temper U.S. growth, and mortgage rates rose to 6.68% as the 10-year yield climbed to 4.63%. In after-hours trading, Agilysys jumped on strong results and Akamai fell on a notes offering."