Tech Selloff Dims U.S. Markets as Futures Edge Toward Flat

U.S. stock futures were little changed after a tech-led selloff dragged the S&P 500 and Nasdaq lower, while the Dow rose on Caterpillar. Mega-cap names like Amazon, Meta, and Alphabet fell, SpaceX dropped about 16%, and oil slid as talks between the U.S. and Iran progressed. Asia-Pacific markets were set to open higher on the progress in negotiations, and traders are eyeing earnings from Korn Ferry and Carnival plus June PMI data. Sector leadership showed real estate, energy, and healthcare higher, with communication services lagging.