{"id":49634,"date":"2026-06-05T11:35:23","date_gmt":"2026-06-05T11:35:23","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/06\/05\/nasdaq-futures-plunge-300-points-5-things-to-know-before-wall-street-opens\/"},"modified":"2026-06-05T11:35:23","modified_gmt":"2026-06-05T11:35:23","slug":"nasdaq-futures-plunge-300-points-5-things-to-know-before-wall-street-opens","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/06\/05\/nasdaq-futures-plunge-300-points-5-things-to-know-before-wall-street-opens\/","title":{"rendered":"Nasdaq futures plunge 300 points: 5 things to know before Wall Street opens"},"content":{"rendered":"
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US stock index futures were mixed on Friday as a pullback in major chipmakers weighed on sentiment before the May employment report, a key test for investors trying to judge the Federal Reserve\u2019s next move. <\/p>\n

Technology shares came under pressure after a strong rally, while traders also weighed inflation risks linked to higher energy prices and renewed geopolitical tension. <\/p>\n

Futures tied to the S&P 500 fell 0.49%, while Nasdaq 100 futures slid 1.02% as technology shares came under pressure. Dow futures, however, edged up 36 points, or less than 0.1%.<\/p>\n

5 things to know before Wall Street opens<\/h2>\n

1. Chipmakers lead the premarket retreat<\/strong><\/p>\n

Semiconductor stocks were the main drag on US equity futures, with investors taking profits after a powerful run in artificial intelligence-linked names.<\/p>\n

Nvidia fell 1.5% in premarket trading, while Intel, Micron, AMD and Broadcom dropped between 2% and 3.8%. <\/p>\n

The move suggested traders were reassessing momentum<\/a> in a sector that has been central to Wall Street\u2019s rebound from March lows and its push towards record highs.<\/p>\n

Chip stocks have benefited from expectations that AI spending will continue to accelerate across data centres, cloud computing and enterprise software. <\/p>\n

But the scale of the rally has also left the group vulnerable to disappointment, particularly when positioning becomes crowded.<\/p>\n

2. May payrolls could shape Fed rate expectations<\/strong><\/p>\n

The main event for markets is the US Labor Department\u2019s May nonfarm payrolls report, due at 8:30 am ET.<\/p>\n

Economists expect the economy to have added 85,000 jobs in May, down from 115,000 in April.<\/p>\n

That would point to a slower but still stable labour market, giving investors another signal on whether the Fed can keep rates steady or will need to maintain a more restrictive stance.<\/p>\n

The unemployment rate is expected to remain in focus alongside wage growth. <\/p>\n

A stronger-than-expected jobs report could reinforce the view that the labour market remains resilient, keeping inflation pressure alive and limiting the case for rate cuts.<\/p>\n

3. S&P 500 risks first weekly decline since April<\/strong><\/p>\n

If current losses hold, the S&P 500 is set for its first weekly decline since April. <\/p>\n

The Nasdaq was also on track to end the week slightly lower, while the price-weighted Dow was headed for a third straight weekly gain.<\/p>\n

That split shows how narrow the pressure has become. <\/p>\n

Technology and semiconductor names are bearing the brunt of the selling, while some defensive and industrial stocks have helped limit losses elsewhere.<\/p>\n

4. Corporate movers add to the caution<\/strong><\/p>\n

Away from semiconductors, single-stock moves also shaped the premarket tone.<\/p>\n

Lululemon Athletica slumped nearly 12% after the athletic apparel maker cut its annual profit forecast and guided second-quarter earnings well below Wall Street estimates. <\/p>\n

The move added to concerns about consumer demand and pressure on discretionary spending.<\/p>\n

Cooper Companies moved in the opposite direction, rising 4.8% after the contact lens maker beat estimates for second-quarter results.<\/p>\n

5. Geopolitics remain in the background<\/strong><\/p>\n

Geopolitical risks continued to simmer as investors prepared for the jobs report.<\/p>\n

Hezbollah rejected a new Lebanon ceasefire, while Israel said it would keep troops in place. That dealt a blow to US President Donald Trump\u2019s efforts to end the fighting and advance talks with Tehran.<\/p>\n

The conflict matters for markets because of its potential impact on oil prices, inflation expectations and central-bank policy. <\/p>\n

Higher energy prices can make it harder for inflation to cool, complicating the Fed\u2019s task at a time when investors are already debating whether rates will remain elevated for longer.<\/p>\n

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The post Nasdaq futures plunge 300 points: 5 things to know before Wall Street opens<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US stock index futures were mixed on Friday as a pullback in major chipmakers weighed on sentiment before the May employment report, a key test for investors trying to judge the Federal Reserve\u2019s next move. Technology shares came under pressure after a strong rally, while traders also weighed inflation risks linked to higher energy prices <\/p>\n","protected":false},"author":1,"featured_media":49635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-49634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49634"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49635"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}