Tech rout tempers markets as rotation boosts Dow before key data

Futures were mixed as tech weakness weighed on the Nasdaq and S&P 500, while the Dow rose on sector rotation into healthcare, financials and industrials. Apple slid about 6% and Microsoft fell more than 3% after price hikes, with Alphabet and Meta also lower. The Nasdaq posted a four-day decline for the week, the S&P 500 dipped slightly, and the Dow inched higher, as investors await May wholesale inventories and the University of Michigan sentiment data and reassess Fed expectations amid semiconductor volatility.