Nasdaq futures dropped 2% amid mounting technology sector worries and growing bets on a Federal Reserve rate hike, pressuring Alphabet (NASDAQ: GOOGL) shares.

Key Highlights

  • Nasdaq futures fell 2% as investors grew uneasy about tech earnings and monetary policy.
  • Technology equities led the decline, with several heavyweight names posting losses.
  • Traders priced in a higher probability of a Federal Reserve rate increase at the upcoming meeting.
  • Alphabet (NASDAQ: GOOGL) shares moved lower, dragged by the broader technology sell‑off.

Futures Drop Signals Market Anxiety

Nasdaq futures slipped 2% in early trading, reflecting heightened caution among market participants. The index futures move often foreshadows the direction of the equity market at the open, and the decline underscored growing risk aversion. Analysts attribute the pullback to a mix of sector‑specific and macro‑economic concerns.

Technology Sector Under Pressure

The technology segment absorbed the brunt of the sell‑off, as investors questioned recent earnings guidance from major players. Weak

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