Stock Futures Tumble as Tech Selloff Hits Wall Street

Stock futures slipped Monday morning as technology shares led a broad decline, extending last week’s losses for major indexes. The Dow Jones Industrial Average last week fell 0.8%, marking its second straight weekly pullback. The slide suggests investors remain cautious as the new trading week begins. Tech stocks, which have driven much of the market’s recent gains, appeared to be the primary drag on futures early Monday. The move points to growing worries about valuations and the pace of interest rate cuts. Traders will now watch for fresh economic data and corporate earnings to gauge whether the selloff deepens or stabilizes.