Stock market futures pointed to a lower U.S. open on Nov. 4, 2026, as a late October–early November sell‑off in technology stocks kept pressure on premarket contracts.
Futures tied to the S&P 500 were trading lower and Nasdaq‑100 futures were also down after the recent tech weakness, with investors digesting disappointing big‑tech earnings and rising questions about AI spending and chip costs.
Reuters reported the Nasdaq had slid into a correction, trading more than 10% below its Oct. 6 record, and noted Apple’s warning about rising memory‑chip costs as one of several headwinds for the sector.
Investing.com’s market page showed premarket S&P 500 futures down roughly 0.2% and a tech‑heavy futures contract near 0.3% lower, reflecting the risk‑off tone after the tech sell‑off.
The pullback in large tech names has weighed on broader indexes in recent sessions, with analysts and fund managers cited by Reuters describing a rotation from some megacap names into other areas such as chipmakers that are seen as more cyclical plays.
Traders will watch whether early‑session selling extends into the cash open and how incoming headlines from earnings and election‑related political developments influence intraday flows.
Sources
- Reuters — reported the tech sell‑off, Apple margin warning and that the Nasdaq is more than 10% below its Oct. 6 record.
- Investing.com — provided premarket futures levels showing S&P 500 and tech‑heavy futures trading lower ahead of the U.S. open.
