S&P 500 Futures Fall as Broadcom Leads Chip Stock Decline
Core Summary S&P 500 futures declined as Broadcom led a broad selloff in the semiconductor sector. Tech stocks faced mounting pressure as investors grew concerned about valuations and global demand prospects in the chip industry. Event Details According to CNBC, S&P 500 futures fell in pre-market trading, primarily dragged down by technology stocks. Broadcom shares dropped sharply, pulling down fellow chipmakers including Micron and Marvell. Emerging market stocks also retreated following Broadcom’s decline. ...