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Tech Slump

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Futures steady as tech rout eases amid inflation focus and Middle East tensions
markets2 hours ago

Futures steady as tech rout eases amid inflation focus and Middle East tensions

U.S. stock index futures were steady after a tech-driven selloff, as investors weighed the inflation outlook and looming Middle East tensions. Traders also awaited the Federal Reserve’s July minutes and upcoming retailer earnings, while bonds yields remained elevated and crude prices rose on geopolitical risk, signaling caution for risk assets despite the rebound in some tech names.