U.S. stock futures fell in premarket trading on Tuesday as tech stocks continued to feel the pressure at the outset of a holiday-shortened week.
Futures contracts connected to the Dow Jones Industrial Average were down 0.2% in recent trading, while S&P 500 futures were off 0.4% and Nasdaq 100 futures fell 0.9%.
Stocks are coming off their worst week of 2026. The Nasdaq fell more than 2% last week when concerns about AI-driven disruption in the software and IT services industries flared up again. Tech jitters overshadowed last week’s tamer-than-expected inflation report and an unexpectedly strong January jobs report.
Tech stocks were under pressure again on Tuesday. Mega-caps Alphabet (GOOG), Taiwan Semiconductor Manufacturing Co. (TSM), Broadcom (AVGO), and Tesla (TSLA) were all down more than 1% in premarket trading. Even recent leaders of the AI trade, including Sandisk (SNDK) and Western Digital (WDC), were in the red.
Shares of Paramount Skydance (PSKY) rose premarket Tuesday after Warner Bros. Discovery (WBD) said it would resume acquisition negotiations with the company, giving it another shot to best Netflix’s (NFLX) successful bid to acquire the storied Hollywood studio. Warner Bros. and Netflix stocks also rose.
The December Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation measure, is the biggest event on the economic calendar this week. The report, due Friday morning, is one of several inflation and labor market data points that will factor into deliberations when officials decide the course of monetary policy in a month’s time.
Treasury yields declined on Tuesday. The yield on the 10-year Treasury, which influences interest rates on a variety of consumer loans including mortgages, was recently 4.03%, down from 4.05% on Friday’s close.
Gold and silver futures slumped, continuing the bumpy ride that began with the metals’ worst sell-off in decades late last month. Gold was recently down more than 2% at $4,930 an ounce, and silver fell more than 5% to $73.75 an ounce. West Texas Intermediate futures, the U.S. crude oil benchmark, rose about 1% to $63.40 a barrel.
Bitcoin was recently trading around $68,000, down from its weekend high above $70,000. The U.S. dollar index, which tracks the value of the greenback against a basket of currencies, was up 0.4% at 97.30.
February 17, 2026 09:06 AM EST
Stock Futures Slip as Tech Stocks Continue To Slump
FROM 16 minutes ago
Futures contracts connected to the Dow Jones Industrial Average were down 0.2% in premarket trading on Tuesday.
S&P 500 futures slid 0.4%.
Nasdaq 100 futures were off nearly 0.9%.
