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Stock futures slipped Monday south of the border as key tech shares that have led the bull market continued to be dumped by investors.
Futures for the Dow Jones Industrials descended 129 points, or 0.3%, to 42,031.
Futures for the S&P 500 Index fell 51 points, or 0.9%, to 5,815.25.
Futures for the tech-heavy NASDAQ slumped 271.5 points, or 1.3%, to 20,744.50.
Palantir and Nvidia, two of the bull market leaders popular with retail investors, shed more than 3% in premarket trading to build upon their losses from last week. Nvidia fell nearly 6% during the period, while Palantir lost 11%. Other popular tech shares including Tesla, Broadcom, and Micron were also down in premarket trading.
Investors are hoping the start of the fourth-quarter earnings season with stabilize markets. Banks including Citigroup, Goldman Sachs and JPMorgan Chase report on Wednesday, while Morgan Stanley and Bank of America will post results on Thursday.
Data this week includes the December consumer price index on Wednesday morning. Before that, investors will parse wholesale inflation with December’s producer price index report on Tuesday.
In Hong Kong, the Hang Seng index dropped 1%. Japanese markets were closed.
Oil prices hiked $1.45 to $78.02 U.S. a barrel.
Gold prices dropped $23.00 to $2,692 U.S. an ounce.
